PSV will immediately receive a loan of no less than thirty million euros, the Eindhoven club reports on its website on Friday. The companies EDCO Eindhoven BV, Frank van Gool, Koninklijke Jumbo Foodgroep BV, Maarten Franken and Royal Swinkels Family Brewers together form the Partner Fund 2, established by PSV. “The capital greatly improves PSV’s financial position”, adds the club management. in the statement.
“The five partners think along with PSV in a great way and ensure that the foundation under our club is further strengthened,” says general manager Toon Gerbrands in a first reaction. “Thanks to the involvement of these parties from the Brainport region, we can continue to build a strong PSV. We expect this choice to strengthen our competitive position nationally and internationally. The amount that PSV receives is provided by the parties in the form of a subordinated loan “As a result, the liquidity situation and the balance sheet position of PSV has greatly improved. The repayment period will start in ten years. We can choose to start earlier ourselves. PSV does not relinquish control and remains fully in charge,” according to the outgoing driver.
Great news: PSV sets up Partner Fund 2.
EDCO Eindhoven BV, Frank van Gool, Koninklijke Jumbo Foodgroep BV, Maarten Franken and Royal Swinkels Family Brewers together form the Partner Fund 2. They jointly make a loan of thirty million euros available to PSV immediately.
— PSV (@PSV) March 11, 2022
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