Back to the Southampton Newsfeed

PSV Eindhoven 'had a knife to their throat' in deciding to sell Cody Gakpo to Liverpool, claim reports in Holland, with the Dutch club needing £35m per season to keep afloat

PSV Eindhoven only sold star forward Cody Gakpo because of their precarious financial situation, which had a 'knife to the throat' of the club according to reports in Holland.

Liverpool signed Gakpo for £44million on Monday, hijacking Manchester United's plan to lure the highly-rated Dutchman to Old Trafford in January.

The Dutch giants, who listened to offers for Gakpo from Leeds and Southampton last summer before keeping in Eindhoven, have decided to cash in on the 23-year-old now in a bid to meet financial targets.

PSV only sold Cody Gakpo because of their precarious financial situation according to reports
Liverpool's u00a344m swoop for Gakpo has handed manager Jurgen Klopp a major boost in attack

According to De Telegraaf, PSV must collect £35m per season to keep afloat having watched their wage bill rise sharply in recent campaigns.