Eindhoven’s executive approved plans to renovate and expand the Philips Stadium by about 20,000 seats. The city council is due to make the final decision on 15 December, including a proposed 50-year extension of PSV’s ground lease from 2027, with annual rent rising from about €2.4 million to €2.65 million. The municipality would pay for changes to public space around the stadium, while PSV would fund the stadium work itself.

PSV is still seeking partners to finance the estimated €400 million project. If approved and financed in time, work on the roof is intended to start during the summer break; the stadium is expected to be without a roof for two years during the renovation. A delay could postpone the project by a year.