30 million for PSV. It sounds very nice, but this amount cannot be invested directly in the selection. It is intended for youth academy and area development around the stadium. The club announced its plans on Friday morning.
Five parties have formed a second partner fund. They lend the club 30 million euros. PSV only has to repay that amount from 2032 with an interest of 1.5 percent. This interest is fixed and does not change.
Investments in youth education involve renewing the complex. In time, new fields will be added and the lighting will also be modernised. In addition, PSV wants to offer players aged 15 to 18 attractive contracts.
In the past, foreign players aged 19 to 22 came to the Netherlands a lot. Nowadays, big clubs like Bayern Munich are also chasing players in this age category. And those are clubs that PSV cannot compete with. That is why PSV wants to trump those clubs in a lower age category.
Players aged 15 are allowed to sign a three-year contract. But when players are 13 years old, there are already scouts from big clubs on the sidelines. With the investment of 30 million euros, PSV can compete with these big clubs and bind young players. They then have to follow the same route as, for example, Donyell Malen and Mauro Júnior.
In terms of area development, PSV will consult with the municipality. There are plans to build apartments next to the stadium. But this is not concrete yet.
The new partners (Jumbo, EDCO, Van Gool, Franken and Swinkels Brewers) will receive 1.5 percent interest. Not very much, but according to the club it is also about award and appearance. They award PSV this amount and receive name recognition in return.
The investment fund from six years ago, when 30 million was also invested by five parties. the people of Eindhoven say they have already delivered 142 million.