[BBC]
Ferguson won 73 of his 145 games in charge at London Road
Preston have announced the appointment of Darren Ferguson as their new manager on a three-year contract.
Ferguson left Peterborough by mutual consent in November, with the club bottom of the Championship.
The Scot, son of Manchester United boss Sir Alex, will replace Alan Irvine, who was sacked by the club last week.
The 37-year-old is joined at Deepdale by Kevin Russell and Scott Taylor, who were part of Ferguson's backroom staff during his time at London Road.
Preston interviewed five potential managers before settling on Ferguson.
Chairman Derek Shaw insisted Ferguson was the outstanding candidate for the job and backed him to succeed at Deepdale.
"Darren immediately came under our radar when we began the search for a new manager and we are delighted to have him in place so quickly," said Shaw.
"Darren is young, British and very ambitious. We are very confident he will prove a success here at Preston North End."
Ferguson joined Peterborough after a playing career that included spells at Manchester United, Wolves, Sparta Rotterdam - on loan - and Wrexham.
He left Wrexham to join Peterborough as a player-coach before taking over as manager and winning 73 of his 145 games in charge and leading them to two successive promotions, taking them from League Two to the Championship.
Reading expressed an interest in the Scot in the summer but he signed a new four-year contract at Peterborough in July after he was refused permission to speak to the Royals.
Since leaving Peterborough, Ferguson has been linked with several managerial posts including the vacancy at Sheffield Wednesday.
He was also thought to be in the frame to replace Owen Coyle at Burnley when the Clarets boss completes his expected move to Bolton.
The man who Ferguson replaces at Deepdale, Irvine, 51, was surprisingly shown the door last week despite saving the Lancashire outfit from relegation in 2007/08 and guiding them into the play-offs last season.
Preston made a steady start to the season under Irvine as they earned 18 points from their opening nine games.
But a run of two wins in their following 14 games resulted in the club dropping to 16th in the Championship and sealed Irvine's fate.
Ferguson won 73 of his 145 games in charge at London Road
Preston have announced the appointment of Darren Ferguson as their new manager on a three-year contract.
Ferguson left Peterborough by mutual consent in November, with the club bottom of the Championship.
The Scot, son of Manchester United boss Sir Alex, will replace Alan Irvine, who was sacked by the club last week.
The 37-year-old is joined at Deepdale by Kevin Russell and Scott Taylor, who were part of Ferguson's backroom staff during his time at London Road.
Preston interviewed five potential managers before settling on Ferguson.
Chairman Derek Shaw insisted Ferguson was the outstanding candidate for the job and backed him to succeed at Deepdale.
"Darren immediately came under our radar when we began the search for a new manager and we are delighted to have him in place so quickly," said Shaw.
"Darren is young, British and very ambitious. We are very confident he will prove a success here at Preston North End."
Ferguson joined Peterborough after a playing career that included spells at Manchester United, Wolves, Sparta Rotterdam - on loan - and Wrexham.
He left Wrexham to join Peterborough as a player-coach before taking over as manager and winning 73 of his 145 games in charge and leading them to two successive promotions, taking them from League Two to the Championship.
Reading expressed an interest in the Scot in the summer but he signed a new four-year contract at Peterborough in July after he was refused permission to speak to the Royals.
Since leaving Peterborough, Ferguson has been linked with several managerial posts including the vacancy at Sheffield Wednesday.
He was also thought to be in the frame to replace Owen Coyle at Burnley when the Clarets boss completes his expected move to Bolton.
The man who Ferguson replaces at Deepdale, Irvine, 51, was surprisingly shown the door last week despite saving the Lancashire outfit from relegation in 2007/08 and guiding them into the play-offs last season.
Preston made a steady start to the season under Irvine as they earned 18 points from their opening nine games.
But a run of two wins in their following 14 games resulted in the club dropping to 16th in the Championship and sealed Irvine's fate.
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