David Lampitt admits that Pompey have chosen to walk away from several potential transfer deals this summer.
The Blues chief executive has overseen a productive transfer window for Pompey as the first-team ranks have been bolstered.
There were frustrations at certain points over the summer, with Pompey pursuing their targets, as the club’s budget framework saw them pull out of deals if they felt they were unable to meet the demands of clubs, players or agents.
And Lampitt insists he has no regrets over some of the targets who slipped through the net.
He said: ‘Over the course of the summer we have missed out on getting some players over the line.
‘But I don’t think we should apologise for the fact that we sometimes have to draw a line and say “that goes above and beyond what we are prepared to commit to financially”.
‘We’ve got to be responsible about that and it is all about looking after the football club.
‘We have had to say “no” to certain deals at certain levels.
‘That comes with running the club responsibly.’
The club’s disciplined stance is further welcome evidence that Pompey are now being run as an efficient business.
If a deal is too expensive, then it cannot be completed – even if that means a good player does not join.
Lampitt said: ‘There is always a balance.
‘You have to achieve the right balance between finding the best possible players you want to bring into the club and at the same time protecting the club financially and making sure it is on an even keel.
‘That is the difficult balance that every owner, every chief executive and every manager tries to find.’