PSV Eindhoven won’t break their salary cap to keep a hold of Ola Toivonen after he rejected their latest contract offer.

  • By Michael Bell
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toivonen dToivonen’s deal runs out in the summer, and although PSV have offered him improved terms, the Swedish international wants to earn more money.

Currently, The midfielder earns around €900,000 a year, just below the clubs salary cap of €1 million, and is one of the highest paid players at the club.

Coach Phillip Cocu has told Voetbal International that PSV will not break their budget for Toivonen or any other player at the moment.

He stated, “It applies not only to Ola, but also for all other players. I’m not saying that there will never be an exception, but at the moment it is not needed.”

A number of clubs have shown interest in the 27 year old, and they can open contract talks with the player in January, and snap the player up on a free deal.

Newcastle United, Norwich City, and Fiorentina have all shown interest in the player, and will battle it out for his signature, if PSV cannot convince their star to stay.

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