Storrie steps down at crisis club Portsmouth
Reuters - Friday 12 March 2010, 18:52
LONDON - Peter Storrie stepped down as
chief executive of crisis club Portsmouth on Friday.
"After talks with his family and friends (Storrie has)
decided it is in the best interests of the club for him to leave
his full-time employment," administrator Andrew Andronikou said
in a statement.
Storrie, former managing director at West Ham United, has
been at Portsmouth since 2002.
The south-coast team have been in turmoil this season, a
series of unsuccessful takeovers culminating last month in
Portsmouth becoming the first Premier League club to go into
administration, with debts of around 78 million pounds.
They are also bottom of the table and almost certain to be
relegated if the Premier League imposes a nine-point penalty
deduction for going into administration.
Storrie, 57, will continue to assist Portsmouth on a range
of matters including the sale of the club, said Andronikou.