Mark Catlin has admitted moves to offer Jed Wallace a new contract have been put on hold.
Pompey are eager to tie the 19-year-old to a long-term deal in the face of continued interest from other clubs.
They have already taken up a year’s option, contracting him until the end of the 2013-14 campaign.
However, Guy Whittingham wants a new deal for Wallace as he attempts to convince him it is worth his while to remain at Fratton Park even longer.
It is a sentiment echoed by Catlin, who claims there have been no post-season bids for the midfielder.
But the Blues’ chief executive insists the current priority is recruiting new players and keeping those who are out of contract.
Catlin said: ‘I am not aware of any offers for Jed and we certainly don’t want any of our players to leave.
‘I am sure Guy will be speaking to him over the course of the coming weeks.
‘We want the best players at this club.
‘I certainly believe selling players like Jed for X amount is a little bit short-term.
‘We have activated his year’s extension so he remains contracted to us, which is important.
‘The focus now is to switch back to those players we are trying to bring in and keep.
‘We want to get those finalised as quickly as possible.
‘Once we have done that, we can switch back to Jed and look at a long-term deal.
‘At the moment, though, we are concentrating on other deals.
‘You do not want to leave players hanging on.
‘There are offers on the table and you don’t want to give agents the time to use those as a base to try to get better deals elsewhere.’
Brighton and Bournemouth are among those who continue to monitor Wallace.