Pompey slash staff as hunt for buyer goes on

PORTSMOUTH have announced 85 redundancies but chief executive Peter Storrie will remain in his job while the club attempt to find a buyer.

Storrie, whose salary when Pompey won the FA Cup in 2008 was widely reported as £1.2 million (€1.31 million) including bonuses, has agreed a 40% pay cut, while “one or two” players have discussed a reduction in wages to help the plight of the Barclays Premier League’s bottom club.

“He is still chief executive,” confirmed administrator Andrew Andronikou. “He is still earning a wage and having spoken to Peter he would like it to be known he has taken a 40% cut in his basic wage.