It's the end of the Storrie as chief executive steps down at Portsmouth

12 March 2010 18:44
Under-fire Portsmouth chief executive Peter Storrie has relinquished his duties, club administrator Andrew Andronikou has announced.[LNB]Storrie will remain at the club in a consultancy role, after vowing to stay with the Premier League strugglers until their future was secured.[LNB]A statement from the Andronikou revealed Storrie had left 'in the best interests of the club' after speaking with family and friends, although he will continue to advise them in a consultancy role.   [LNB] End of a chapter: Storrie has stepped down as chief executive of Portsmouth [LNB][LNB]Storrie had taken a 40% pay cut after 85 of the club's staff weremade redundant earlier this week as Andronikou sought to cut costs.   [LNB]Storrie will be 'remunerated accordingly' for working with Pompey ona range of matters, including the sale of the club, the FA Cupsemi-final arrangements and other projects. [LNB]More to follow...[LNB] Off target: Pompey are rooted to the foot of the Barclays Premier League table [LNB] [LNB] [LNB] [LNB]  

Source: Daily_Mail