Milan Mandaric expressed mixed emotions as he formally stepped down as Portsmouth chairman.
Mandaric, whose last game as chairman was the home clash against Bolton, said that he was sad to be resigning but happy to be doing so at a time when Pompey were riding high in The Premiership.
"It's a special feeling and something that I could never realise," he told Sky Sports.
"It's sad but I am very happy and proud. Looking around and looking back I should say that I am very proud to be walking out in front of these supporters.
"And to leave them in the shape they are in today.
"Some of us walk away when supporters want us to walk away, some of us walk away when it is right to walk away.
"It is a sad time, but a good time to walk away."
Manager Harry Redknapp saluted Mandaric for how far he had taken the club, and assured him that he would always be a hero at Fratton Park.
"He's been fantastic for this football club and he's absolutely idolised by the fans, they'll never forget him," said Redknapp.
"Even if he does leave the club, he will always be remembered here.
"He took the club over when it was in receivership I think, and together we took the club into The Premiership, so he will be sorely missed."
On a more sombre note, Redknapp voiced his sympathy at the news that former Pompey striker Dario Silva had lost a leg following a car crash in his native Uruguay.
"He was in the team when I first arrived and he's been a great player over the years," Redknapp recalled.
"He's just had his leg amputated today after a terrible car accident and we wish him well.
"A lot of the lads in the dressing room played with him last season and we are all thinking of him and his family."