The Blues’ 1-0 loss to Accrington on Sunday saw them surrender their spot in the play-offs to Oxford United.
It means Pompey are confined to the third tier for a fifth successive campaign.
Still, Danny Cowley has now been appointed head coach on a permanent basis and is now tasked with guiding the Blues back to the Championship.
Big decisions must be made and we’ve taken a look at every permanent player at Fratton Park – including those whose contracts are coming to a close – and assessed what it means for Pompey heading into the 2021-22 season.
Scroll down and click through the pages below...
17. Ronan Curtis
Pompey's most bankable asset. Curtis is under contract for another two years but there could be the temptation to cash in on him. The Irishman hasn't hidden there's interest from the Championship and his sale could fund several new faces. Danny Cowley has said Curtis is going nowhere, however. Photo: Joe Pepler
18. Michael Jacobs
Had a frustrating season that's been dominated by injuries. When at his best, Jacobs was a classy operator and made a real difference. He has another year on his contract and Pompey will be desperate to keep him fit as he could be key. Photo: Joe Pepler
19. Reeco Hackett-Fairchild
Comes back to Pompey after spending the season on loan - first at Bromley and then Southend. Will be hoping to fight his way into Danny Cowley's team in pre-season but it's a big ask to go from playing for a side that was relegated from League Two to a team expected to be challenging for the Championship. Photo: Kieran Cleeves
20. John Marquis
Finished this term as 18-goal top scorer but all-round displays have left much to be desired. Marquis has a year left on his contract and has been bigged up by Danny Cowley. The ex-Doncaster marksman iikely to be at the club next term but will have competition for his starting spot, with a new striker required in the transfer market. Photo: Joe Pepler