Storrie joined Portsmouth as a non-executive director in 1990
Portsmouth chief executive Peter Storrie has told BBC Sport he intends to remain at the club despite reports he could be about to quit.
Storrie had begun to lose faith in whether new owner Sulaiman Al Fahim had the finances to take the club forward but has received sufficient assurances.
"Sulaiman has said there's £50m coming, publicly at a meeting to supporters on Friday night," Storrie told BBC Sport.
"So on that basis I'm happy to stay and continue to work with the club."
Al Fahim took control of the club in August, despite a late rival bid from a consortium led by Storrie.
But doubts have continued to circulate about the property tycoon's financial backing, as Pompey toil on the pitch.
They lost their seventh straight Premier League match on Saturday when they were defeated 1-0 by Everton.
The only side to ever lose their first seven and avoided being relegated was Liverpool exactly 100 years ago
Earlier this month Storrie insisted Al Fahim had arranged new funding "in principle" for Portsmouth, without giving details of how much money would be injected into the club.
But now Sorrie is content that Al Fahim has provided sufficient proof that the future of the club is safe.
"Sulaiman showed the board documentation to say the money's there. We hope it all comes to fruition in the next few days," he said.
"We can only go by what he's told the fans and what we've seen."
The 2008 FA Cup winners have the worst start in Premier League history, having sold several of their first-team players during the summer transfer window.
Saturday's defeat to Everton was the latest low point for the club.
During the summer it was tight at times, myself and the financial director had to pull of a few miracles and call in some favours
Peter Storrie
But Storrie has dismissed suggestions that the club should sack manager Paul Hart and says everyone has been encouraged by the performance against Everton.
Portsmouth were applauded off the pitch at Fratton Park having out-played Everton with only a combination of missed chances and brilliant goalkeeping denying them a point.
"It is all very well changing things, but if you look at the performance on Saturday and the support of the crowd then you'd be daft and stupid to change anything," said Storrie.
"If we can build on Saturday's performance then we will be alright."
Storrie also revealed the club came close to going into administration during the summer.
"During the summer it was tight at times, myself and the financial director had to pull of a few miracles and call in some favours," he said.
"But we are still hanging in there and hopefully the new finances will come to fruition and the hard work over the past six months will be worth it."
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