Darragh MacAnthony has branded out-of-contract Claude Gnapka's wage demands as 'unreasonable'.
The Peterborough chairman is keen to tie the full-back down to a new deal before he becomes a free agent at the end of the season, but has revealed that a compromise now looks unlikely.
The French defender is believed to have turned down a good offer to stay at London Road, and looks set to leave the League One-bound club.
Luton Town, Aberdeen and Sheffield Wednesday have all expressed an interest in Gnapka, and MacAnthony admits that he is not prepared to be held ransom in order to keep the player.
"The club's policy on unhappy players is that we don't want them," the Posh chief told the Peterborough Evening Telegraph.
"He was offered a great new contract this year and has messed us around ever since. Myself and the gaffer want to sign up our best players on long-term contracts and at the same time look after them as a reward for the job they have done so far.
"However I will not be dictated to by any player or his agent and refuse to have players using bids from rival clubs thrown at me as a way to get more money for themselves.
"I also personally feel that a player who is either injured or suspended for over 35 per cent of the time he has been with us should not be setting unreasonable demands either, but when he leaves, best of luck to him."

League Two Round Up - 14th November
Bury 3-3 Notts County - Highlights
Lincoln City 1-1 Cheltenham - Highlights
Port Vale 1-2 Rotherham - Highlights
Rochdale 2-3 Chesterfield - Highlights
Crewe 1-2 Morecambe - Highlights
Bradford 1-1 Bournemouth - Highlights
Barnet 0-0 Hereford - Highlights
| Time | Fixture |
|---|---|
| Tuesday 24th November | |
| Coca-Cola Football League Two | |
| 19:45 | Accrington Stanley vs Macclesfield |
| 19:45 | Aldershot vs Northampton |
| 19:45 | Bournemouth vs Dag & Red |
| 19:45 | Bury vs Chesterfield |
| 19:45 | Cheltenham vs Barnet |
| 19:45 | Crewe vs Burton Albion |
| 19:45 | Darlington vs Morecambe |
| 19:45 | Grimsby vs Bradford |
| 19:45 | Hereford vs Shrewsbury |
| 19:45 | Port Vale vs Torquay |
| 19:45 | Rochdale vs Notts County |
| 19:45 | Rotherham vs Lincoln City |
| Saturday 28th November | |
| Coca-Cola Football League Two | |
| 15:00 | Macclesfield vs Grimsby |
| Tuesday 1st December | |
| Coca-Cola Football League Two | |
| 19:45 | Barnet vs Bournemouth |
| 19:45 | Bradford vs Rochdale |
| 19:45 | Burton Albion vs Accrington Stanley |
| 19:45 | Dag & Red vs Aldershot |
| 19:45 | Lincoln City vs Port Vale |
| 19:45 | Morecambe vs Bury |
| 19:45 | Northampton vs Hereford |
| Time | Result |
|---|---|
| Saturday 21st November | |
| Coca-Cola Football League Two | |
| Lincoln City 0 - 0 Grimsby | |
| Dag & Red 1 - 2 Rochdale | |
| Chesterfield 5 - 2 Darlington | |
| Torquay 0 - 2 Rotherham | |
| Northampton 2 - 2 Crewe | |
| Barnet 0 - 0 Port Vale | |
| Morecambe 1 - 0 Cheltenham | |
| Burton Albion 3 - 2 Hereford | |
| Shrewsbury 1 - 1 Bury | |
| Notts County 0 - 0 Aldershot | |
| Macclesfield 1 - 2 Bournemouth | |
| Bradford 1 - 1 Accrington Stanley | |
| Saturday 14th November | |
| Coca-Cola Football League Two | |
| Darlington 1 - 0 Burton Albion | |
| Shrewsbury 1 - 1 Torquay | |
| Crewe 1 - 2 Morecambe | |
| Port Vale 1 - 2 Rotherham | |
| Accrington Stanley 0 - 1 Dag & Red | |
| Bradford 1 - 1 Bournemouth | |
| Barnet 0 - 0 Hereford | |
| Rochdale 2 - 3 Chesterfield | |
| Pos | Team | P | Pts |
|---|---|---|---|
| 1 | Bournemouth | 17 | 35 |
| 2 | Rochdale | 17 | 32 |
| 3 | Dagenham & Redbridge | 17 | 32 |
| 4 | Rotherham United | 17 | 32 |
| 5 | Chesterfield | 17 | 32 |
| 6 | Notts County | 17 | 28 |
| 7 | Shrewsbury Town | 17 | 27 |
| 8 | Barnet FC | 17 | 26 |
| 9 | Bury | 17 | 26 |
| 10 | Burton Albion | 17 | 25 |
| 11 | Aldershot Town | 17 | 24 |
| 12 | Bradford City | 17 | 23 |
| 13 | Port Vale | 17 | 21 |
| 14 | Accrington Stanley | 17 | 21 |
| 15 | Morecambe | 17 | 21 |
| 16 | Northampton Town | 17 | 20 |
| 17 | Crewe Alexandra | 17 | 19 |
| 18 | Hereford United | 17 | 19 |
| 19 | Macclesfield Town | 17 | 19 |
| 20 | Lincoln City | 17 | 18 |
| 21 | Cheltenham Town | 17 | 16 |
| 22 | Torquay United | 17 | 15 |
| 23 | Grimsby Town | 17 | 13 |
| 24 | Darlington | 17 | 8 |
Bristol City fan Hannah Shine was strutting her as the Soccerette in the Soccer AM studios this week.
Preston North End fan Hazel Fox was strutting her stuff in the Soccer AM studios this week.
Peter Beagrie wonders what the real reasons were behind Darren Ferguson's Peterborough exit.
Bournemouth returned to the top after leaders Dagenham lost at home to fellow high-flyers Rochdale.
Brett Pitman bagged a brace as Bournemouth recovered from a first-half set back to beat Macclesfield 2-1 and move top of League Two.
Late goals from Kevin Ellison and Adam Le Fondre saw Rotherham beat Torquay 2-0 to maintain their push at the top of League Two.
Dagenham suffered their first home defeat of the season after two goals in a minute gave third-placed Rochdale a 2-1 victory.
Aaron Webster grabbed a late winner for Burton after Hereford had twice battled from behind in a 3-2 thriller.