IdealLuque's sights on PSV move
ALBERT Luque has told Newcastle United he wants to move to PSV Eindhoven and end his Premiership nightmare.
The Magpies are hoping to agree a permanent deal with prospective employers at some stage this month but have been unable to find a club willing to buy out his contract.
PSV have emerged as the leading candidates for Luque's signature but they are not in a position to match his wages.
what a shame.
Oh and by the way.. some quick googling said that before they made the €30M profit, they had racked up about a €30M deficit the years before that. Sounds like someone had to cut the cloth![]()
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In 2007/8 PSV had a turnover of €138m, and made a pre-tax profit of €30m.
In 2006/7 PSV had a turnover of €110m, and made a pre-tax profit of €6m.
In 2005/6 PSV had a turnover of €74m, and made a pre-tax profit of €4m.
Before that they had made significant losses but on the face of it the figures above suggest that PSV are on a successful path to financial recovery - whether that will now translate into paying wages that would better Reading's just yet, I wouldn't know for certain as that's up to their board, but one would think that ever increasing turnover and retention of profits in the last 3 years, plus virtual assurance of European football next season, will give them a better than even chance of beating our (likely) Championship level wages.
Well most sane people would think that anyway.