Pompey chief executive David Lampitt says he sees his long-term future as being at Fratton Park.
As he emerged from the High Court with new administrator Trevor Birch, Mr Lampitt said: ‘I agree with Trevor that the club needs a new owner.
‘All the fans would agree that having the right owner, rather than the one with the biggest wallet, is what we need.
‘That would be the best outcome for the football club.’
He added: ‘It’s been a very tough past two years - a really difficult period and I don’t think it’s going to get any easier just yet.’
Of the result he said: ‘The main point was that we stopped the club going back to court on Monday to potentially have it wound up.
‘I’m quite easy about having a new administrator. A fresh pair of eyes looking at everything will be a good thing.
‘I’m taking Trevor down to the club this afternoon to explain the situation with him to the staff and spend time with him, starting to go through everything.
‘I absolutely see my long-term future being with Portsmouth Football Club, to get the club to where we are today after what happened in 2010 and with everything that has been going on in the background recently is quite an achievement.’