Norwich City have been told 'to make a decent offer' if they want to secure the services of Peterborough striker Craig Mackail-Smith.

The League One side reportedly rejected an offer of around �3million for the player last weekend and Posh boss Darren Ferguson said the Canaries will have to up their bid significantly to snap up the 27-year-old, who was on target in the 4-1 win against Sheffield Wednesday last night.

Ferguson said: 'They (Norwich) need to make an improved bid for Mackail-Smith as their offer was nowhere near good enough.

'They want to get into the Premier League which is worth an awful lot of money, and if they want to be serious about it they need to make us a decent offer.'

Ferguson is desperate to hold on Mackail-Smith despite the player going on record saying that he would be eager to join Norwich's Premier League push.

Ferguson insisted that any sale would have to make financial sense to the London Road club as they look to step up their own challenge for promotion.

'He will only go if it suits this football club. I've spoken to the chairman about it and he agrees with me. Craig is a very important player for us and has been for some time and I certainly don't want to lose him now while we are so well placed ourselves.'