POMPEY chief executive Peter Storrie was 'frightened' after Saints fans allegedly waved bank notes in his face.
Following Saturday's FA Cup derby clash, Storrie and his wife were returning to their car when the incident happened outside St. Mary's Stadium.
Mr Storrie, said: "It was frightening, my wife was petrified, with people coming right into your face shoving notes into our face - no one should have to put up with that in this day and age."
Portsmouth FC have said they are not going to make a complaint to Southampton FC, having reviewed the CCTV footage.
In a statement, a Portsmouth spokesman said: "There was an unfortunate incident at Southampton involving Peter Storrie, his wife and family, but stewards eventually were involved and got the situation under control. At this stage the club are not likely to make an official complaint."
Mr Storrie has said he even considered quitting football following the incident, about which he spoke to his wife.
"I am trying very hard to save Portsmouth, for that reason alone it is worth carrying on," Storrie said.
"But we have sat down to talk about it, and quite naturally my wife doesn't want me to carry on and that's only to be expected after she suffered such a frightening experience from Southampton fans.
"I must emphasise it was Southampton, not Portsmouth fans shoving notes in our faces and intimidating us, so what's it got to do with them?
"It happened when we were walking the short distance to our car. There was a group of fans ramming money into our faces, and thankfully stewards appeared from nowhere, but my wife was pretty shook up as you can imagine.
Fans clash after the match
"Abuse is one thing but this was intimidation. I have to say it was as serious as that, and we did think we would shortly be physically attacked if the stewards hasn't arrived so quickly.
"People have got to appreciate that I am the chief executive of the club, I am an employee, I am not the owner, and it's the owners who make the decisions and run the club.
"There was someone else with us and he was abused too, and no one should be put through that. Our security staff have got the CCTV footage and will look at it before deciding what to do next."
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