NBA star Durant buys minority stake in Champions League-winning PSG

NBA Star Kevin Durant Acquires Minority Stake in Paris Saint-Germain

Durant Partners with PSG Through Investment Deal

American basketball icon Kevin Durant has acquired a minority stake in French football giant Paris Saint-Germain (PSG), the club confirmed on Friday. The deal was finalized through an agreement between Durant and Qatar Sports Investments (QSI), PSG’s majority shareholder. Financial terms of the deal were not publicly disclosed.

A Strategic Move Amid Global Sports Expansion

The announcement comes at a time of increased discussion around expanding global sports leagues. The National Basketball Association (NBA), the International Basketball Federation (FIBA), and other governing bodies are reportedly exploring the creation of a new basketball league in Europe. Durant’s investment reflects the growing intersection of American and European sports ventures.

Durant’s Role in PSG’s Multi-Sport Strategy

According to PSG, Durant will contribute his expertise to the club’s broader multi-sport ambitions, with a particular focus on potential basketball development. The French club aims to leverage Durant’s experience and reputation to explore entry points into the basketball world while continuing to build its global brand.

Investment via Durant’s Company Boardroom

The investment was made through Durant’s media and investment company, Boardroom, which he co-founded with long-time business partner Rich Kleiman. In PSG’s official statement, the club confirmed that Durant would acquire a direct minority stake via Boardroom, reinforcing his long-term interest in international sports ownership and development.

Durant Speaks of Personal Connection to Paris

Durant, who currently plays for the NBA’s Phoenix Suns, shared his excitement about the partnership. “It is an honor to partner with QSI and be a shareholder in Paris Saint-Germain — a club and city that is deeply close to my heart,” the 36-year-old athlete said. “This club has big plans and I look forward to being part of the next phase of growth and exploring new investment opportunities with QSI.”

Two-Time NBA Champion and Olympic Record Holder

Durant brings significant sporting credentials to the table. He is a two-time NBA champion and four-time Olympic gold medalist — the first man in Olympic basketball history to achieve that distinction. His success on the court has been matched by his growing influence as a businessman and investor in the sports industry.

Boardroom and QSI to Collaborate on Global Ventures

As part of the agreement, Boardroom Sports Holdings — Durant’s personal investment vehicle — and QSI will collaborate on various commercial, investment, and content production initiatives. These include expanding PSG’s reach in global sports markets and exploring new revenue streams across media and entertainment platforms.

Focus on US Market and International Growth

PSG officials emphasized that Durant’s involvement would help accelerate the club’s expansion into the United States and other key international markets. His media brand and sports business expertise are expected to play a crucial role in shaping PSG’s outreach strategies beyond football.

PSG Leadership Welcomes the Partnership

PSG president Nasser Al-Khelaïfi expressed enthusiasm about Durant’s arrival. “Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI,” Al-Khelaïfi said. “This partnership reflects our shared commitment to innovation and excellence in sport and entertainment.”

A New Chapter in Sports Investment

The partnership between Durant and PSG highlights the increasing trend of cross-sport and cross-border investments among elite athletes. It also underscores the global appeal of major football clubs as they evolve into diversified, multi-sport brands aiming to attract broader audiences and long-term investment.

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