A total eight third tier outfits have found glory at domestic and European levels in the illustrious past.
The Fratton Park outfit have a rich domestic history, winning the first division in successive years in 1949 and 1950 as well as securing two FA Cup trophies.
But who are the most decorated sides in League One next season?
Along with Pompey, seven other third tier outfits can boast about their glory as a number of former giants battle it out in the 2022-23 campaign.
Here’s how the Blues rank among the seven most decorated clubs in League One – based on old Division One/Premier League, FA Cup, League Cup and European successes.
. Portsmouth's Sol Campbell (centre left) lifts the the F.A Cup alongside his teammates after winning the final against Cardiff City at Wembley Stadium in London on May 17, 2008. Portsmouth won the game 1-0 with a goal from Kanu. AFP PHOTO/Adrian Dennis (Photo credit should read ADRIAN DENNIS/AFP via Getty Images)
How Pompey compare to League One's most decorated clubs. Photo: ADRIAN DENNIS
1. Oxford United - 8th
Old Division One/Premier League titles: 0; FA Cup: 0; League Cup: 1; European trophies: 0; total trophies: 1. Photo: Getty Images
2. Charlton - 7th
Old Division One/Premier League titles: 0; FA Cup: 1; League Cup: 0; European trophies: total trophies: 1. Photo: Jacques Feeney
3. Barnsley - 6th
Old Division One/Premier League titles: 0; FA Cup: 1; League Cup: 0; European trophies: total trophies: 1. Photo: George Wood
4. Ipswich - 5th
Old Division One/Premier League titles: 1; FA Cup: 1; League Cup: 0; European trophies: 1; total trophies: 3. Photo: Getty Images