Pompey axe falls on 85 employees

The administrators’ spokesman, Andrew Andronikou, revealed the

news, but insisted the club will be able to stave off questions

from Her Majesty’s Revenue and Customs over the validity of the

administration process and that he is receiving “enquiries on a

daily basis” regarding a takeover. He also revealed Peter Storrie

remains as chief executive at the club, but he has taken a 40% wage

cut. Andronikou told a news conference: “Today is extremely

difficult – there’s always a day in the administration when you

have to question whether you like the job you are doing, but it is

a necessary job. “We have unfortunately had to make 85 employees

redundant today. The club had in its employment 166 full-time

staff, including players, and 154 part-time staff – excluding

weekend and matchday staff. “May I take this opportunity to thank

these people for their contributions to the club and wish them well

in their future. “The redundancies were made across all areas. They

are the visible cuts we are making. There will be other cuts that

you won’t see, but you will see them filter down in the cashflow in

the short-to-medium term. “We’ve had to use the administration to

take (staffing) down to a level that I can manage and if

unfortunately the club is relegated, it will have to be reviewed

again as the overheads won’t fit into a Championship environment.”

Peter Storrie, whose salary and role in the club’s governance has

been the subject of much scrutiny and criticism, remains in his

post as chief executive. But Andronikou said: “He would like to

make it known that he has taken a 40% cut in his basic wage. “Peter

Storrie has tended his resignation, he is working to a timetable.

He is still chief executive today. It may very well change. We are

in a situation where we are having to adapt to an evolving story.”