Trevor Birch has revealed Pompey will receive a ‘significant fee’ after Stephen Henderson became the latest to depart Fratton Park.
The highly-regarded keeper was today sealing a loan move to West Ham until the end of the season.
He will then join the Upton Park club permanently in the summer.
As a result, Henderson was not named in the squad for today’s clash with Brighton.
The Irishman follows Erik Huseklepp and Liam Lawrence in leaving Pompey in the past few weeks as administrator Birch looks to bring precious revenue into the club.
It is another blow to Blues fans, but Birch insists it was the correct decision as Pompey seeks to remain alive.
He said: ‘Stephen Henderson will be joining West Ham on loan with a view to a permanent contract.
‘We still need money to get past the end of the season.
‘It doesn’t just stop then, so I am trying to get in that extra cash which pushes it even further and gives even more time to achieve what we need to achieve.
‘I cannot divulge how much we will receive (from West Ham), it wouldn’t be right to.
‘But it’s a significant fee. We wouldn’t be doing it otherwise.’
Meanwhile, Birch was unsure why Hayden Mullins was also not in Michael Appleton’s squad for today’s clash.
Reportedly a Reading target, the midfielder had previously started all 36 of Pompey’s matches this season.
Birch added: ‘I really don’t know why Hayden Mullins is not in the squad.’
However, Michael Appleton has now confirmed that Mullins is likely to be the next to leave Pompey and that his ‘head was not right’ for today’s match.