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Leeds United’s bid for PSV Eindhoven star Cody Gakpo was rejected in the summer as the ‘associated bonuses’ were ‘not realistic’, among other concerns.

That’s according to Eindhovens Dagblad, relayed by MSN, who explain the transfer situation around Gakpo today and why he didn’t end up joining Leeds in the summer.

Gakpo is arguably one of the hottest properties in Europe at this moment in time, having shone once again for PSV in the first half of the season and impressed with the Netherlands at the World Cup in Qatar.

It’s made him a target for several clubs, with big money bids expected in the January transfer window.

ED explain that PSV fully expect their star man to be in ‘high demand’ this winter and while they would prefer to keep the play, they know that will be difficult.

Should they be forced to sell, an important condition must be met and that is that the ‘payment term’ must be short enough.

The ideal scenario is that the Gakpo is sold in January but gets to finish the season in Eindhoven, a scenario which would allow them to keep their star man but also receive the transfer fee now.

The latter is important as it would mean the Dutch side get more money and are not stung by ‘current inflation’.

PSV have worked out that if a fee is spread over ‘too long a period’ then the player’s current value would become less, and they would lose out. It was this factor which stopped a move to Leeds in the summer.

They made a bid totalling €43m but the way it was structured meant it was actually worth €15m less according to the club’s calculations. They have also worked this out by submitting a bid to ‘credit insurers’ to verify their idea.

That bid from Leeds also included ‘associated bonuses’ that were considered ‘not realistic’ by the Dutch side, thus leading to them blocking the potential move to Elland Road.