AMSTERDAM -- Phillip Cocu has been appointed coach of PSV Eindhoven on a four-year contract, replacing Dick Advocaat.
Cocu, who had two spells at PSV as a creative midfielder and also played for Barcelona and 101 times for the Netherlands, was caretaker coach in 2012 after Fred Rutten was fired.
Cocu said Monday he aims to use his long tenure to improve PSV's youth academy and develop home-grown players into first-team stars.
Cocu will be joined by assistants Chris van der Weerden and Ernest Faber.
"We are all eager to start. This is a challenging job with an ambitious new staff," The former Oranje international said.
"We are going to build a new team. There will be changes in the squad. PSV will always go for the title but there is time enough," he said. "I am someone who likes to learn step by step and don't want to go too fast. I also think you're never too old to learn.
"I'm ready to take this step. It is a long-term thing but I am someone who, if he start something, wants to do well."
Advocaat, who led the team to second place in the Dutch league behind Ajax in his one year in charge, rounded off his contract with a 3-1 loss to FC Twente on Sunday, calling the defeat "a disappointing end to a disappointing season."
Information from The Associated Press and Press Association was used in this report.