The Premier League's bottom side are forbidden from signing new players in the current transfer window due to the financial uncertainty surrounding the club.

Pompey had fallen behind in their payments due to other clubs under the terms of past transfer deals.

The Premier League yesterday diverted the club's latest £7million share of television revenue directly to other teams affected, including Chelsea and Tottenham.

Storrie believes that should now entitle manager Avram Grant to at least make loan signings before the end of the month as he attempts to keep the club in the top flight.

"We are extremely disappointed now the UK transfers are completely up to date that they haven't released the embargo," Storrie told Sky Sports News.

"It is a matter we are going to continue to argue with them. We hope sense will prevail.

"At the moment we have a lot of injuries and players at the African Nations.

"We are saying to the league, 'If you don't want us to physically pay a transfer fee for players, we understand that, but don't stop us bringing loans in or players of this sort of nature'. I think that is being unreasonable."

The embargo is preventing Pompey from renewing a deal to keep Tottenham midfielder Jamie O'Hara on loan at Fratton Park.

The 23-year-old's agreement, which included an option to extend, expires tonight, meaning O'Hara is not available for tomorrow's clash against Birmingham.

Storrie added: "Jamie absolutely loves it here and really would like to stay, (Tottenham manager) Harry (Redknapp) is happy for him to stay here because he knows he will play games.

"We really just have to thrash it through with Tottenham in terms of the payment of the loan fee.

"Then I hope to persuade the Premier League, because it was a pre-arranged agreement with an automatic option to extend, to allow it to happen.

"Under the current transfer embargo they won't but I am still hopeful of getting some agreement with them."

Storrie was also keen to point out that the Premier League's decision to pass on their TV money to other clubs - which also included payments to Rennes, Lens and Udinese - was done at their request.

He said: "We instructed the Premier League two weeks ago, when the money came in, to pay certain payments to clubs in the UK and also to foreign clubs. That was our extraction, to tell them to do it, not the other way round."

There are fears Pompey's dire financial situation could force them into administration.

They have failed to pay their players' wages on time on three occasions this season, are thought to owe former owner Alexandre Gaydamak £28million and have been served a winding-up petition by HM Revenue and Customs.