‘A humble beginning’ is what the supervisory board calls the profit of 1.2 million euros for the 2021-2022 financial year. Financial director Jaap van Baar is also moderately satisfied with the result. Yet it is by no means certain whether the club will also write black figures next season.
The 1.2 million euros net profit is due to the large transfers of Donyell Malen and Denzel Dumfries. PSV made a profit of more than 44 million euros in the financial year. According to Van Baar ‘a very good year’.
The sale of Ritsu Doan last summer has already been included in this profit, and that is precisely where the ‘danger’ lies. PSV incurs an operational loss by default. Because of this, it has had to sell players for about 20 years to compensate for this. That will be no different in the coming financial year.
“A few smaller sales can also be enough”
PSV has not yet made a big hit after 1 July. It received money because Gianluca Scamacca was sold, the club had negotiated a resale percentage and the departure of Bruma to Fenerbahçe will also generate money for PSV.
Still, that’s not enough to turn black numbers. There is still a big hit to be made before 1 July. For that, of course, Cody Gakpo and Ibrahim Sangaré are looked at. Although they are not the only players. “A few smaller sales can also be enough,” said Van Baar. But that’s less realistic than one big bang.
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There is no guarantee that this will work. There is still the risk of Gakpo and Sangaré getting seriously injured. And that’s why the club is taking a risk, but a responsible one. Red numbers would not immediately be a disaster, according to the financial director.
Another player who could make money is Xavi Simons. Only with the midfielder there is a risk that he will return to PSG. There would be an appointment with the player so that he can return to the French top club ‘cheaper’.
“If nothing more happens, we will have negative equity.”
“It is not bad. If nothing more happens, we will have negative equity. But that has never happened in 25 years. In addition, a continuity statement has been issued. A sale is therefore not necessary for the survival of the club.”
The damage could possibly be limited by a good European campaign. PSV is estimated to be third in the Europa League and survive two rounds in the Conference League. But these are of course not the sporting ambitions.
But the profits that can be achieved in Europe are never enough to compensate for the operating loss. You simply need a transfer topper for that.
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