Portsmouth's executive chairman Peter Storrie has admitted that there was little his club could do to prevent right-back Glen Johnson leaving to join Liverpool.
The 24-year-old England international has signed a four-year contract to complete his move to Anfield in a deal reported to be worth in the region of £18million.
Storrie told the club's official website: "Glen made a fantastic contribution here - he won the FA Cup with us and got his England place back. He just got better and better.
"Glen's a fantastic guy and it's a great opportunity for him to join an outstanding club who can offer him Champions League football.
"We didn't want to lose him, but we couldn't stand in his way."
Johnson joined Pompey for £4million in the summer of 2007 from Chelsea and turned down a return to Stamford Bridge in favour of heading to Merseyside.