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Kevin Durant Invests in Paris Saint-Germain | PSG Stakeholder - News Directory 3

Kevin Durant Invests in Paris Saint-Germain | PSG Stakeholder

June 21, 2025 Catherine Williams Tech
News Context
At a glance
  • Phoenix Suns forward Kevin Durant,⁢ a two-time NBA champion, is expanding his portfolio.
  • Durant's role will include ⁤providing expertise as PSG plans to broaden its reach into ⁣basketball.
  • The partnership will see Durant's media and investment company,Boardroom,collaborate with PSG⁤ on various commercial,investment,and content⁢ initiatives.The NBA ⁢star is expected to support the ‍club's ⁢continued sports and business...
Original source: bbc.com

Kevin Durant reinforces his role as a global sports figure by investing in Paris Saint-Germain (PSG), the Champions League victors. this strategic move sees ‍the NBA star acquiring a minority stake, signaling a partnership focused⁤ on basketball expansion and business diversification for the French soccer club.⁤ Durant, through his media and investment company, Boardroom, will collaborate with‍ PSG on various initiatives, injecting his expertise to foster growth. The deal ⁣also underscores PSG’s intent to broaden its ⁣global footprint. News Directory 3 has the full⁣ story ⁢on Durant’s new ‍venture, from his direct financial stake to his commitment to ⁤PSG’s strategic vision. Discover what’s‍ next as this partnership unfolds and potentially reshapes the sports landscape.

Key Points

  • Kevin Durant buys minority ⁣stake in Paris St-Germain.
  • strategic‍ partnership focuses on basketball expansion.
  • Durant to support PSG’s business diversification.

Kevin Durant ⁢Takes⁤ on New ‍Role with ‍Paris St-Germain

⁤ Updated june 21, 2025

Phoenix Suns forward Kevin Durant,⁢ a two-time NBA champion, is expanding his portfolio. He has acquired a ‍minority stake in ⁤Paris St-Germain (PSG), ⁣the reigning ⁣Champions League‍ winners. This move signifies ⁣a strategic partnership with Qatar Sports investments (QSI), ⁢the majority owners⁢ of ⁢the French soccer club.

Durant’s role will include ⁤providing expertise as PSG plans to broaden its reach into ⁣basketball. QSI had ⁣earlier expressed interest in a European basketball league franchise, in ⁤collaboration with the NBA and FIBA.

The partnership will see Durant’s media and investment company,Boardroom,collaborate with PSG⁤ on various commercial,investment,and content⁢ initiatives.The NBA ⁢star is expected to support the ‍club’s ⁢continued sports and business diversification and growth.

“It is an honor ⁣to partner with QSI and to be a shareholder of PSG, a club and a ⁣city that is deeply close to my heart,” Durant, a four-time ‍olympic gold⁤ medalist, 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.”

Durant’s ⁢involvement with the 13-time French champions isn’t⁣ entirely new. He ⁤was previously linked through Arctos Partners, a minority shareholder. However, this investment marks Durant’s direct financial stake in the club.

The role ⁤of investor comes as Durant enjoys continued success. He recently appeared on Forbes’ 2025 list of highest-paid athletes. He previously secured two ⁤NBA titles with the Golden State Warriors and an Olympic⁢ gold medal at the 2024 Paris Olympics.

QSI’s ⁢acquisition of PSG in 2011 has fueled the ⁤club’s success,⁤ leading to 11 Ligue 1 titles and their recent Champions ⁣League victory over⁤ Inter Milan, 5-0.

What’s next

The partnership between Durant, ‍Boardroom, and PSG signals⁢ a continued push ⁢for global expansion and diversification for both parties, with a focus on leveraging Durant’s brand and expertise to grow PSG’s⁤ presence in new markets and sports.

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