Portsmouth boss Michael Appleton insists he is relishing the chance to rebuild the club this summer.

Pompey face a firesale in the months ahead following relegation from the npower Championship in a bid to ease their financial woes.

But Appleton is undaunted by the job at hand even if it means starting again from scratch.

"Even if I have to start with a blank piece of paper with no names then so be it, as long as we can reshape things for next year," he told the Portsmouth News.

"It's a fantastic club and I think people recognise that. It has been very unfortunate. But you have to move on and rebuild for next year and that is a fact.

"One thing for sure is there will be a lot of players leaving the football club. Because if we don't do that, there won't be a football club beyond May - it is what it is."