Peterborough director of football Barry Fry has told Wolves it will take £5million to sign Aaron Mclean.

The 25-year-old striker Mclean banged in 33 goals in all competitions last season as Posh won promotion to League One under the stewardship of Darren Ferguson, earning admiring glances from a number of Championship clubs in the process.

Fry admits his star man wants to quit London Road, but will only be allowed to do so if Peterborough receive a suitable offer of £5million.

Wolves boss Mick McCarthy has turned his attention to Mclean after missing out on Burnley's Kyle Lafferty to Rangers and has already had two offers turned down.

Posh chairman Fry told the Express and Star: "I've told Mick McCarthy twice and Jez Moxey at the chairmen's meeting last week the price is £5m - £3m straight away plus a sell-on and £2m when you get to the Premier League, because if you get Aaron, that's where he'll take you.

"Mick says there's no way we'll get that, but that's the price. It doesn't matter that his best mate is Michael Kightly or he wants to play for Wolves, that's the price.

"We've had two bids from Wolves of £1m and £1.5m and turned them both down.

"I've heard they are preparing a third offer but we haven't heard anything.

"Steve Morgan has put £30m into the club - well then spend it, take a gamble."

Fry also revealed the club has received offers from other clubs, with the likes of Charlton, Watford and Sheffield United all said to be interested.

"There's been interest from six other clubs, and we've had higher bids than Wolves have offered," Fry said.

"We understand he wants to go, but he won't go for anything less than we've said. If Wolves want him, they have to pay the money.

"My chairman bought him to get us to the Championship.

"Aaron's a prolific goalscorer and if he gets us into the Championship, he'll be worth £7m, £8m, £9m."

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