Steve Cotterill will leave Pompey to become Nottingham Forest manager today.
The News understands that talks between Pompey and Forest over a compensation package have been agreed after talks late last night, with Cotterill’s current Blues deal running until the summer of 2013.
Cotterill is currently at Pompey’s Eastleigh training base to say his goodbyes to players and staff.
The former Notts County boss had not asked to leave Fratton Park and was happy to stay put.
But with Forest determined to install him as their new boss, the 47-year-old will now make the move to the east Midlands.
In the early hours of this morning, Pompey took the step of scrapping the scheduled pre-match press conference .
Pompey have remained silent as events have unravelled over recent days.
But Forest’s new chairman Frank Clark has laid down his blueprint for a new manager – with Cotterill perfectly fitting the bill.
Clark said: ‘The club has to have a plan, when it comes to what we are doing.
‘When it comes to the new manager, before they accept the job, they will be made aware of all the circumstances, of what he is expected to do, of what he will and won’t be able to do – and if he is not prepared to accept those things, he will not get the job.
‘We will not have a director of football. We do not need one now. We need a manager, a team manager who can come in and run the team.
‘He will have a big say in who comes in and who does not, within the parameters he will be told about before he takes the job.
‘It would help if we had somebody who has worked on a budget before.
‘It is no good bringing somebody whose strength is in the transfer market because that will not be the case.
‘We need somebody who can work with the players on the training pitch.
‘If he has experience at this level or at any level, really, that would make him a better prospect for us.’
It’s understood Cotterill’s first choice was to remain Blues manager and that he did not ask to leave.
But he wanted assurances over his future, and to know he could see through the job he started last year.
Any hope of a new deal also was always unlikely after an indifferent start to the campaign.
He was also aware of a section of fans who have voiced displeasure at the job he has done in often tough circumstances.
With Cotterill leaving, Stuart Gray and Guy Whittingham are likely to take charge of Pompey for their clash at home to Barnsley tomorrow.