Storrie blamed for Pompey crisis
Thursday 18 March 2010
Portsmouth's administrator Andrew Andronikou claims the former chief executive Peter Storrie must bear part of the blame for the economic problems that has engulfed the club. Andronikou was speaking after the Premier League confirmed a nine-point deduction as a sanction for Portsmouth going into administration, action that should guarantee relegation.
Storrie, who is still acting as an advisor for the club, called the deduction "terribly unfair" but Andronikou said the former chief executive must take some of the responsibility.
"Portsmouth is an example of how not to conduct business in the world of football," Andronikou said. "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.
"Mr Storrie 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."
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