diff --git a/lib/cronlib.php b/lib/cronlib.php
index 703c1fb1719..f1c5caae833 100644
--- a/lib/cronlib.php
+++ b/lib/cronlib.php
@@ -342,17 +342,6 @@ function cron_run() {
         mtrace('done');
     }
 
-
-    if ($CFG->enableportfolios) {
-        // Portfolio cron
-        mtrace('Starting the portfolio cron...');
-        cron_trace_time_and_memory();
-        require_once($CFG->libdir . '/portfoliolib.php');
-        portfolio_cron();
-        mtrace('done');
-    }
-
-
     //now do plagiarism checks
     require_once($CFG->libdir.'/plagiarismlib.php');
     plagiarism_cron();
@@ -463,6 +452,15 @@ function cron_run() {
     cache_helper::cron();
     mtrace('done.');
 
+    // Portfolio cron - this needs to be close to the end because it may take a long time.
+    if ($CFG->enableportfolios) {
+        mtrace('Starting the portfolio cron...');
+        cron_trace_time_and_memory();
+        require_once($CFG->libdir . '/portfoliolib.php');
+        portfolio_cron();
+        mtrace('done');
+    }
+
     // Run automated backups if required - these may take a long time to execute
     require_once($CFG->dirroot.'/backup/util/includes/backup_includes.php');
     require_once($CFG->dirroot.'/backup/util/helper/backup_cron_helper.class.php');
diff --git a/lib/db/events.php b/lib/db/events.php
index d3ef19fa555..177d4d26397 100644
--- a/lib/db/events.php
+++ b/lib/db/events.php
@@ -36,22 +36,7 @@ defined('MOODLE_INTERNAL') || die();
 /* List of legacy event handlers */
 
 $handlers = array(
-/*
- * portfolio queued event - for non interactive file transfers
- * NOTE: this is a HACK, please do not add any more things like this here
- *       (it is just abusing cron to do very time consuming things which is wrong any way)
- *
- * TODO: this has to be moved into separate queueing framework....
- * TODO: MDL-25508, MDL-41541
- */
-    'portfolio_send' => array (
-        'handlerfile'      => '/lib/portfoliolib.php',
-        'handlerfunction'  => 'portfolio_handle_event',    // argument to call_user_func(), could be an array
-        'schedule'         => 'cron',
-        'internal'         => 0,
-    ),
-
-/* no more here please, core should not consume any events!!!!!!! */
+    /* No more old events! */
 );
 
 $observers = array(
diff --git a/lib/db/install.xml b/lib/db/install.xml
index f2666696832..794b70c6040 100644
--- a/lib/db/install.xml
+++ b/lib/db/install.xml
@@ -1,5 +1,5 @@
 <?xml version="1.0" encoding="UTF-8" ?>
-<XMLDB PATH="lib/db" VERSION="20140115" COMMENT="XMLDB file for core Moodle tables"
+<XMLDB PATH="lib/db" VERSION="20140213" COMMENT="XMLDB file for core Moodle tables"
     xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
     xsi:noNamespaceSchemaLocation="../../lib/xmldb/xmldb.xsd"
 >
@@ -2357,6 +2357,7 @@
         <FIELD NAME="expirytime" TYPE="int" LENGTH="10" NOTNULL="true" SEQUENCE="false" COMMENT="time this record will expire (used for cron cleanups) - the start of export + 24 hours"/>
         <FIELD NAME="userid" TYPE="int" LENGTH="10" NOTNULL="true" SEQUENCE="false" COMMENT="psuedo fk to user.  this is stored in the serialised data structure in the data field, but added here for ease of lookups."/>
         <FIELD NAME="instance" TYPE="int" LENGTH="10" NOTNULL="false" DEFAULT="0" SEQUENCE="false" COMMENT="which portfolio plugin instance is being used"/>
+        <FIELD NAME="queued" TYPE="int" LENGTH="1" NOTNULL="true" DEFAULT="0" SEQUENCE="false" COMMENT="Value 1 means the entry should be processed in cron."/>
       </FIELDS>
       <KEYS>
         <KEY NAME="primary" TYPE="primary" FIELDS="id"/>
@@ -3084,4 +3085,4 @@
       </INDEXES>
     </TABLE>
   </TABLES>
-</XMLDB>
+</XMLDB>
\ No newline at end of file
diff --git a/lib/db/upgrade.php b/lib/db/upgrade.php
index 973d4afa746..acdceb716d2 100644
--- a/lib/db/upgrade.php
+++ b/lib/db/upgrade.php
@@ -2996,5 +2996,20 @@ function xmldb_main_upgrade($oldversion) {
         upgrade_main_savepoint(true, 2014020500.00);
     }
 
+    if ($oldversion < 2014020700.02) {
+
+        // Define field queued to be added to portfolio_tempdata.
+        $table = new xmldb_table('portfolio_tempdata');
+        $field = new xmldb_field('queued', XMLDB_TYPE_INTEGER, '1', null, XMLDB_NOTNULL, null, '0', 'instance');
+
+        // Conditionally launch add field queued.
+        if (!$dbman->field_exists($table, $field)) {
+            $dbman->add_field($table, $field);
+        }
+
+        // Main savepoint reached.
+        upgrade_main_savepoint(true, 2014020700.02);
+    }
+
     return true;
 }
diff --git a/lib/portfolio/exporter.php b/lib/portfolio/exporter.php
index d5f1fc28d01..29e5e69c01c 100644
--- a/lib/portfolio/exporter.php
+++ b/lib/portfolio/exporter.php
@@ -434,10 +434,11 @@ class portfolio_exporter {
      * @return bool whether or not to process the next stage. this is important as the control function is called recursively.
      */
     public function process_stage_queueorwait() {
+        global $DB;
+
         $wait = $this->instance->get_export_config('wait');
         if (empty($wait)) {
-            // TODO MDL-42541 Removing usage of events_trigger().
-            events_trigger_legacy('portfolio_send', $this->id);
+            $DB->set_field('portfolio_tempdata', 'queued', 1, array('id' => $this->id));
             $this->queued = true;
             return $this->process_stage_finished(true);
         }
diff --git a/lib/portfoliolib.php b/lib/portfoliolib.php
index 4c567038713..467855ef17e 100644
--- a/lib/portfoliolib.php
+++ b/lib/portfoliolib.php
@@ -930,30 +930,9 @@ function portfolio_report_insane($insane, $instances=false, $return=false) {
     echo $output;
 }
 
-
-/**
- * Event handler for the portfolio_send event
- *
- * @param int $eventdata event id
- * @return bool
- */
-function portfolio_handle_event($eventdata) {
-    global $CFG;
-
-    require_once($CFG->libdir . '/portfolio/exporter.php');
-    $exporter = portfolio_exporter::rewaken_object($eventdata);
-    $exporter->process_stage_package();
-    $exporter->process_stage_send();
-    $exporter->save();
-    $exporter->process_stage_cleanup();
-    return true;
-}
-
 /**
  * Main portfolio cronjob.
  * Currently just cleans up expired transfer records.
- *
- * @todo - MDL-15997 - Add hooks in the plugins - either per instance or per plugin
  */
 function portfolio_cron() {
     global $DB, $CFG;
@@ -969,6 +948,20 @@ function portfolio_cron() {
             }
         }
     }
+
+    $process = $DB->get_records('portfolio_tempdata', array('queued' => 1), 'id ASC', 'id');
+    foreach ($process as $d) {
+        try {
+            $exporter = portfolio_exporter::rewaken_object($d->id);
+            $exporter->process_stage_package();
+            $exporter->process_stage_send();
+            $exporter->save();
+            $exporter->process_stage_cleanup();
+        } catch (Exception $e) {
+            // This will get probably retried in the next cron until it is discarded by the code above.
+            mtrace('Exception thrown in portfolio cron while processing ' . $d->id . ': ' . $e->getMessage());
+        }
+    }
 }
 
 /**
diff --git a/version.php b/version.php
index 286cc3a8769..61285cbdd49 100644
--- a/version.php
+++ b/version.php
@@ -29,7 +29,7 @@
 
 defined('MOODLE_INTERNAL') || die();
 
-$version  = 2014020700.01;              // YYYYMMDD      = weekly release date of this DEV branch.
+$version  = 2014020700.02;              // YYYYMMDD      = weekly release date of this DEV branch.
                                         //         RR    = release increments - 00 in DEV branches.
                                         //           .XX = incremental changes.