PSV Eindhoven general manager Toon Gerbrands admits that the club are actively monitoring Chelsea midfielder Marco van Ginkel ahead of a possible loan swoop.
The Dutch giants snapped Van Ginkel up on loan for the second half of last term, but a knee injury meant the midfielder opted against another loan switch away from Chelsea in the summer.
Van Ginkel has been focusing on his recovery, but PSV have not lost sight of the midfielder and believe that another loan move could be possible when the transfer window swings open again.
Gerbrands told Dutch daily De Telegraaf: "Interestingly, Van Ginkel is also back on the loan market in January.
"He completes his rehabilitation in November, after his knee problems are over. PSV are keeping a close watch on Van Ginkel's situation", he added.
Van Ginkel was tipped for big things when Chelsea snapped him up from Vitesse in the summer of 2013.
However, he quickly suffered a season-ending injury and struggled to make an impact with the Blues after his return to injury, leading to Chelsea sending him out on loan.
The Dutchman has also spent time on loan at AC Milan and Stoke City.