As part of the Treaty of Versailles ( 1757 ) between Austria and France it was intended that Philip would become King of the Southern Netherlands , in a deal that would see French troops occupy key positions in the country â `` however this arrangement was repudiated by the subsequent Third Treaty of Versailles and Philip continued in Parma . As part of the Treaty of Versailles ( 1757 ) between Austria and France it was intended that Phillip would become King of the Southern Netherlands , in a deal that would see French troops occupy key positions in the country â `` however this arrangement was repudiated by the subsequent Third Treaty of Versailles and Phillip continued in Parma .