Pompey have no plans to budge over Jason Pearce’s sell-on clause.
The Bournemouth defender’s £500,000 move to Peterborough was scuppered after it emerged there was a 50-per-cent sell-on clause in the defender’s contract.
Pearce looked set to move to the Championship new boys until the clause was discovered in the former Blues player’s deal.
The News understands Bournemouth approached Pompey on Friday in an effort to renegotiate the clause.
But with Pearce moving along the south coast without the Cherries paying a fee in 2007, Pompey see no reason to make any changes to the arrangement.
The weighty 50-per-cent clause was inserted into his contract as a result of the League One side not stumping up any cash for the player.
The 23-year-old has established himself as a key component of the Bournemouth side who reached the play-offs before losing to Huddersfield.
He has been handed the captain’s armband and developed a reputation as a gutsy and determined performer, making 183 appearances.
Meanwhile, Greg Halford has hinted he is prepared to stay at Wolves and fight for a place in their side.
He is wanted at Fratton next season after a fine loan stay but weekend reports suggest he may be happy to stay at Molineux.
Halford said: ‘Steve Cotterill has expressed his desire to sign me permanently and I have no doubt that Wolves will be getting a call from them (Pompey).
‘I’ll cross that bridge when I come to it but I still haven’t been given a real chance at Wolves and I’m eager to play regularly in the Premier League.’