Portsmouth chief executive Peter Storrie believes his position has become almost untenable after he was not involved in the negotiations over Younes Kaboul and Asmir Begovic's proposed moves to Tottenham.
Pompey's financial problems have been well documented in recent months as they owed money to other clubs and found it difficult to pay the wages of their own players on time.
Their official website was temporarily shut down on Thursday due to an unpaid bill and Storrie admits it has been an incredibly frustrating time.
Asked if his position had become almost untenable, Storrie told Quay Radio: "In many ways it probably has because it makes you wonder what one is doing there at the moment.
"My love is obviously the football club, despite what some fans may think at times.
"I will always have the best interests of the club in mind whatever decision I make."
Pompey are currently adrift at the bottom of the Premier League table and entering administration would make it much harder to beat the drop due to the points deduction that would accompany such a move.
A decision was therefore taken to enter talks with Spurs over Kaboul and Begovic but Storrie is not happy that he was not even made aware of the situation.
"Everybody knows the situation of the club and clearly they had to sell a player to allow us to have the finances to pay the wages and help with the revenue and keep this great club alive," he explained.
"We firmly believe that with players coming back we have a squad that has a chance of staying up, so we don't want to go into administration and lose 10 points.
"Some excellent deals have been done at this club over the years and I'd like to think I'm pretty good at getting the right fees.
"If it was a need to sell a player and get the right money then I feel I am the best person to have got the best fee for the club in this situation, but I didn't know anything about it until I came into the office this morning and took a call from Avram (Grant).
"I'm not saying it is wrong but let the experts get involved if someone has to go."
Portsmouth executive director Mark Jacob has also told Sky Sports News that he was in the dark about Kaboul.
"I personally had nothing to do with the sale of Kaboul," said Jacob.