The 20-year-old has many admirers in the Premier League but his manager confirmed the Eredivisie outfit are negotiating a new and improved contract
PSV manager Phillip Cocu has revealed the club are in talks with Manchester United and Tottenham target Memphis Depay over a new contract.
The 20-year-old has been heavily linked with a move to the Premier League after starring in cameos for the Netherlands at the World Cup following an impressive season for his club, during which he scored 14 goals in 43 games.
Tottenham had considered a £15 million move for the winger but he is believed to be a long-term target for United.
And Goal understands Depay's international manager Louis van Gaal has advised him to snub offers from the likes of Tottenham and wait for a move from Manchester United, while Cocu confirms PSV are discussing a new deal with the forward.
Cocu said: "He's a very important player for PSV and we must show that to him," when asked about a potential new deal.
The former Netherlands international, is in his second year as manager at the Philips Stadion and said the club's hierarchy are discussing terms on a new and improved deal with Depay's representatives.
Depay scored twice in Brazil against Australia and Chile helping the Dutch escape their group and press on to a third-place finish.