PSV raises about fifty million euros thanks to a special construction with investors, according to various Dutch media. The people from Eindhoven hope to be able to partly close the gap with Ajax with the money. Part of the amount may therefore be invested in the player group. This is already possible in the coming transfer period.
The plan is to bring several investors together, as PSV previously did with shirt sponsor Metropoolregio Brainport Eindhoven. Various companies from the region (VDL, Philips, ASML, BrandLoyalty and the Mandemakers Groep) are involved in this. The new investment round is to raise thirty to forty million euros. PSV pays an interest of one and a half percent on that amount. In addition, PSV is taking out a new mortgage of around twenty million euros on the Philips Stadium.
BrandLoyalty chairman Robert van der Wallen, who is at number 39 in the Quote 500, is the great helmsman behind the investment plan. PSV remains completely ‘in-house’ and does not issue shares. The club uses the money to invest in, for example, the stadium, the facilities on the PSV Campus and the youth academy, but also to buy players.
Rik Elfrink of the Eindhovens Dagblad puts in Veronica Inside explains that the capital injection from PSV is of great importance. “In recent years, Ajax has run away on a sporting and financial level”, says Elfrink. “Ajax becomes champion again and therefore a kind of Bayern Munich scenario threatens.” The journalist is also asked whether PSV will use the money to pay off existing debts. “That depends at PSV. If nothing more happens, PSV will make a net loss of 25 million euros. Donyell Malen and Denzel Dumfries could still be transferred before 1 July. If they sell Malen and Dumfries, they will already be reasonable. I expect to break even. “
Related
More sports news