Hayden Mullins is pleased to have the chance to play for hometown club Reading, but admits he is 'gutted' to have left cash-strapped Portsmouth.
The experienced midfielder has left a relegation battle with troubled Pompey to join Reading's push for promotion in a loan move for the remainder of the season.
The 32-year-old has always wanted to play for the Royals and believes Brian McDermott's side are the team to beat in the race for a place in the Premier League.
"It's been a long time coming really, I wanted to play for the club being local and it nearly happened last year, but didn't really come about," he told Reading's official website.
"It's a result I've always looked for and I'm happy to see how well Reading have been doing, I'm glad to be here.
"I'll try and back the boys up and if I need to fill in anywhere I will. I know the run that the club have been on, everyone knows that in the division, and Reading are the team to stop at the moment."
Portsmouth's financial problems have prompted Mullins' departure from Fratton Park and he has wished the club all the best for the future.
He added to The News: "It's tough times at the club at the moment and obviously they have to save on the wage bill.
"It's a sad day for me to have to go to another club to help Pompey keep going. All my best wishes go to all the players.
"It's been a great time to be at Pompey for the period I've been here. The road has had a few ups and downs. That's putting it mildly! But the fans have been brilliant, and brilliant to me.
"Hopefully the administrator can sort the future of the club and secure things. I'm sure he can get things up and running and help get the club on an even keel again.
"I'm gutted to say goodbye really. I've got a lot of friends here."