Portsmouth FC

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• Founded:1898
• Manager:Steve Cotterill

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Storrie's role under fire

18 Mar 2010 - 11:11:08

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Portsmouth administrator Andrew Andronikou believes that former chief executive Peter Storrie has to shoulder a large part of the blame for the club's perilous financial position.

Storrie is still working for the club on an ad hoc basis, having previously tried to play down his role in Pompey's downfall and enforced move into administration.

Andronikou said: "Portsmouth is an example of how not to conduct business in the world of football.

"If you overspend and don't budget accordingly, you cannot rely on money from the owner or the proprietor coming in to bridge the gap and in that it's no difference to any other business.

"At the moment Mr Storrie is assisting us on an ad hoc basis. I felt in the very short term it would help us if we had him around to assist us in certain aspects of the business, but this is very much in the short term.

"He was a senior officer of the company and the company has failed, so it goes without saying that, yes, he must bear a large part of the responsibility, absolutely.

"I would also say that in the last few months that I believe he has exercised his judgement to try to save the club at all costs."