Peterborough United Director of Football Barry Fry has hailed Nicky Butt after his departure from Manchester United, telling Football FanCast that he has saved the club hundreds of millions in the transfer market.

Butt has left United after nine years spent in the academy system, working as both the head of the academy and the head of first-team development.

Butt is now set to embark on a new challenge, with reports suggesting that he could move to Celtic to link up with their potential new manager Roy Keane.

Fry believes that the 46-year-old deserves a huge amount of credit for the club’s pathway from the academy to the first-team.

Having taken the role in 2016, the likes of Marcus Rashford, Mason Greenwood, and Scott McTominay have gone from the youth team to the first-team.

And Fry thinks that Butt has ultimately saved United a fortune in transfer fees.

He told FFC: “When you look at the young players that have come through at Man United, wow, he's done a hell of a job and he’s saved the club hundreds and hundreds of millions in my opinion.”

United have restructured somewhat this month, appointing Darren Fletcher as their technical director and Richard Murtough as football director.

And Fry thinks that those appointments may have played a key role in Butt’s departure.

He added: “United’s made a few decisions lately that have obviously upset one or two. Nicky Butt’s gone after nine years. Nicky Butt’s obviously done a fantastic job over the last nine years. He didn't only play 400 times nearly for United as a player, and played great, he's also been in the recruitment side of it for the last nine years."