Barry Ferguson explains Alloa exit reasons and insists disappointment has not put him off management

Barry Ferguson insists he has no regrets after quitting Alloa - and has vowed to return to the dug out bigger and better for the experience.

The Rangers legend handed in his notice this afternoon just eight months after leaving Kelty to take over at the Indodrill and with a relegation scrap looming.

Ferguson had targeted taking Alloa back into the Championship after their relegation last season.

But he insists his own high standards were the reason behind his shock exit - which he insists was 100 per cent his own decision.

A poor run of results have left the League One club hovering precariously above the drop zone.

The Wasps have won just one of their last 13 league games and Saturday’s 3-1 defeat to bottom club East Fife leaves them just a single point above the relegation play-off spot where Peterhead have two games in hand - and 10 points off the play-off spots with 11 games remaining.

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Ferguson told Record Sport : “There’s no regrets. I wouldn’t have changed anything. It was the right opportunity - I had done what I had to do at Kelty and I felt this was the right one.

“It’s not worked, am I disappointed? Yes. But I will dust myself down and I know I’m a good coach and manager and I will