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PSV grabbed a ticket for the eighth finals of the Europa League at the last minute on Thursday.
Thanks to two nice goals from Eran Zahavi, a 2-0 lead against Olympiacos was cherished for a long time, but in the final minutes the Greeks made it 2-1.
That result was not enough for PSV after last week's 4-2 loss.
Halfway through it was already 2-0 at the match in Eindhoven.
Zahavi opened the score with a handsome header and made his mark again on the stroke of half time by beautifully shooting a free kick into the intersection.
In an entertaining match with opportunities back and forth, PSV initially had no complaints about luck.
For example, Olympiacos hit the post and the crossbar in the second half.
On the other hand, the home team missed out on a redeeming third goal.
That is how Donyell Malen also hit the post.
Shortly after that opportunity for Malen, things went wrong for PSV.
Goalkeeper Yvon Mvogo couldn't control a header, after which Ahmed Hassan was there like the chickens to make it 2-1.
PSV could have reached the eighth finals of the Europa League for the first time since the 2011/2012 season.
At the time, Valencia barred the Eindhoven team from reaching the last eight.
Earlier on Thursday evening, Ajax did qualify for the eighth finals of the second most important European club tournament.
The team from Amsterdam defeated Lille OSC in their own Johan Cruijff ArenA 2-1 and had already set the French aside with 1-2 last week.