Watch Schalke 04 vs VfB Stuttgart Live Streaming
Watch Schalke 04 vs VfB Stuttgart Live Streaming"HMRC should be now be satisfied that the said debenture is valid and according our appointment is valid. We are hoping this matter will be resolved shortly."
The "constructive" meeting with HMRC was confirmed at the announcement of 85 redundancies, although chief executive Peter Storrie will remain in his job while the club attempt to find a buyer.
Storrie, whose salary when Pompey won the FA Cup in 2008 was widely reported as £1.2million including bonuses, has agreed to take a 40% pay cut, while "one or two" players have discussed a reduction in wages to help the plight of the Barclays Premier League's bottom club.
"He (Storrie) is still chief executive today," said Andronikou. "He is still earning a wage and having spoken to Peter he would like it known he has taken a 40% cut in his basic wage.
"As regards to his basic wage he will be earning significantly less than £500,000. I don't believe there will be any bonuses this year."
Storrie has already stated he will resign when a fifth owner of the season is found, although his presence at the club could anger some fans due to his role during Pompey's financial meltdown.
