The 18-year-old has shown a lot of promise with the Dutch club.
He managed nine goals for the senior team, despite his inexperience.
And Calciomercato suggests that Chelsea and City will try to sign him this summer.
The Holland under-19 man would cost roughly £20 million, and he does have two years remaining on his contract.
He has been with PSV since he was seven years old, arriving in 2010.