Breaking news - Phillips will soon announce that it will stop as the main shirt sponsor of PSV (Phillips sport vereniging) after 26 years of football shirt sponsoring.
According to Stan Valckx, Philips will soon no longer be on the shirts of PSV.
Former technical director of PSV Stan Valckx said in an interview with the Dutch radio program - NOS Langs de Lijn - that Philips no longer has affinity with top-level football.
Valckx, who is also a former football player at PSV, also said that, “the company will soon announce to the world that they will actually stop as the main shirt sponsor for the club, but that this does not immediately mean that Phillips will no longer sponsor PSV at all”.
According to Valckx, Phillips will stay within the name of the Club and Philips stadium will stay the name of the PSV stadium for a significant amount, but as a shirt sponsor Philips will disappear.
That would mean that PSV will play football with another shirt sponsor in the near future while PSV and Philips extended their contract by five years in 2006, until the summer of 2011.
PSV was founded on 31 August 1913, at the end of a big Philips sports party marking the 100th anniversary of Dutch independence.Because of their close ties with Philips, PSV have had the same football shirt sponsor without exception since 1982, the year shirt sponsorships were introduced in the Holland. This is a record in Dutch football.