Philips Sport Vereniging (ˌfilɪpˌspɔrt fəˈreːnəɣɪŋ; Philips Sports Association ), abbreviated as PSV and internationally known as PSV Eindhoven (ˌpeːjɛsˈfeː ˈɛintˌɦoːvə(n)), is a Dutch sports club from Eindhoven, Netherlands. It is best known for its professional football department, which has played in the Eredivisie, the top tier in Dutch football, since its inception in 1956. Along with Ajax and Feyenoord, PSV is one of the country's "big three" clubs that have dominated the Eredivisie.
The club was founded in 1913 as a team for Philips employees. PSV's history contains two golden eras revolving around the UEFA Cup victory in 1978 and the 1987–88 European Cup victory as part of the seasonal treble in 1988. The team has won the Eredivisie 24 times, the KNVB Cup 11 times and the Johan Cruyff Shield a record of 14 times. Currently (as of May 2021), PSV is ranked 56th on the UEFA club coefficients ranking.
Throughout the years, PSV established itself as a stepping stone for future world class players like Ruud Gullit, Ronald Koeman, Romário, Ronaldo, Phillip Cocu, Jaap Stam, Ruud van Nistelrooy, Park Ji-sung, Arjen Robben, Georginio Wijnaldum and Memphis Depay.
Since its foundation, it has played in the Philips Stadion and has upheld its club colours (red and white). Its elaborate connection with Philips can be witnessed in its sponsoring, shared technology and board member ties. Fans have named themselves 'boeren' (ˈbuːrə(n), Dutch for either peasants or farmers), taking pride in Eindhoven's status of being a provincial city and their Brabantian heritage.
To serve the need for activities with Philips employees, the company founded its own football team in 1910: the Philips Elftal. Its ground was the Philips Sportpark, located on the same location as the present day stadium. Financial turmoil and worker strikes led to a quick demise of the team and in 1913, its successor emerged, Philips Sport Vereniging, founded on 31 August. It was the day that Philips organized celebrations and sports competitions in light of the centennial defeat of the French in the Napoleonic Wars.