Peterborough chairman Darragh MacAnthony says his club “struck when the iron was hot” when selling Conor Washington and that QPR paid too much for him.
Posh, then managed by Graham Westley, sold Washington to Rangers in January last year.
“He had a great run of form and Graham Westley deserves credit for improving him, but I couldn’t see him keeping it up,” MacAnthony told the Peterborough Telegraph.
“Conor is a great lad, but he wasn’t worth £3m. It was a great deal for us as there was so much going on at the club at the time he wasn’t going to get us up.
“We struck when the iron was hot with Conor. He almost picked up a serious knee injury seven days before we sold him.”