Peterborough United director of football Barry Fry has revealed that he has informed Leeds United that they can't afford to sign midfielder Tommy Rowe.
Rowe is expected to leave the London Road outfit during the summer after turning down a new contract, but after Leeds registered an interest in the player, Fry was quick to turn down their approach.
Fry told the Peterborough Telegraph: "I've had Brian McDermott on the phone about Tommy, and I've also spoken to their chairman Ken Bates and their chief executive Shaun Harvey, but Leeds just don't have enough money."
The 24-year-old scored five goals in 31 appearances for United last season, but he was unable to help his side avoid relegation to League One.