Philips Sport Vereniging is a Dutch football club based in Eindhoven. The club was founded in 1913. This article is about the European matches of PSV. In Europe, PSV won the 1977–78 UEFA Cup and the 1987–88 European Cup. Most recent European success was the semi-final in the 2004–05 UEFA Champions League which PSV lost against Milan on an away goal. History Early years Although not the oldest football club in the Netherlands, PSV has always been a successful club in club competition. Not only did they managed to win the Dutch title 24 times, but also they made fame in Europe. In 1955, PSV was the first Dutch club to participate in the European Cup, the first season in which the UEFA introduced a new club competition. This first season, however, was very unsuccessful for PSV, in which they lost the first leg against Rapid Wien 6–1, with Peter Fransen scoring the first European goal for the club. The same player scored in the return, where PSV won 1–0 against the Viennese club, but it was far not enough to progress to the second round. In the 1963–64 season PSV participated in the European Cup for the second time, making it to the quarter-finals where they lost to FC Zürich. The biggest success gained PSV in the 1970–71 European Cup Winners' Cup. PSV made it to the semi-finals, but Real Madrid proved to be too strong. Revenge against the Spanish winners would come in 1972 and in 1988, the most successful year for PSV. UEFA Cup success PSV participated in the UEFA Cup for the first time in 1971 against East German side Hallescher FC. Again, it was also the first edition of a new European Cup, just like 16 years before. After a draw on homesoil, the East Germans withdrew from the competition after the first leg. The following match against Real Madrid was a repeat of the semi-finals of the 1970–71 European Cup Winners' Cup. PSV lost the first leg 1–3 in Madrid, but in the Netherlands, where the return was played in Den Bosch, PSV won 2–0 and managed to book a place in the third round by winning on the away goals rule. In the quarter-finals, however, Belgian club Lierse proved to be too strong, eliminating PSV. The first golden era, also mentioned as the silver era, proved to be the 1970s. In the 1977–78