PSV has five million euros ‘reserved’ to be able to absorb any adverse ruling by the European Commission on the deal with the city of Eindhoven. That made the club announced on Tuesday while bringing out the figures for the 2014/2015 season. says The Telegraph .
With that 5 million PSV can pay the fine, if it is proved that the club has received illegal state aid. The municipality of Eindhoven bought in the summer of 2011, the ground under the Philips Stadium PSV and delivered thereby from the then serious financial problems. The European Commission is now investigating whether the aid was illegal.
Although PSV Eindhoven municipality expect that nothing wrong will be, the club has still 5 million set aside to bad news capture and not with a financial setback to sit
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