I think PSV gave him a great offer. Chance to play first-team for a title contender in the Eredivisie. Arsenal probably told him he won’t feature this season and the choice was Donyell’s. So I understand why he chose PSV.
However… He was probably told; Locadia, PSV’s current striker was leaving (had a medical for Wolves yesterday, but it fell through last minute). So a bit of a shitty situation now, as PSV were also expected to offload Luuk De Jong to France, didn’t happen.
So yeah, three strikers at PSV now, remains to be seen where in the pecking order Malen starts. Can see him playing games on right-wing as well. Hope he does well and we have arranged some sort of buy-back clause.