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Kevin Durant PSG Stake: NBA Star Joins QSI - News Directory 3

Kevin Durant PSG Stake: NBA Star Joins QSI

June 21, 2025 Catherine Williams Tech
News Context
At a glance
  • Phoenix Suns forward Kevin Durant is⁤ expanding his⁢ sports investment portfolio.
  • Qatar Sports ‍Investments (QSI), the‍ majority shareholder of PSG, ⁣finalized ‍an investment and strategic partnership ⁤agreement with Durant.
  • "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," Durant...
Original source: espn.com

Kevin Durant is now a part-owner of Paris Saint-Germain! The NBA superstar purchased a minority stake in the⁣ Champions League winner, marking a importent move ⁤into European soccer. This strategic investment is ⁢designed to boost PSG’s global ⁢brand and commercial ventures, with Durant’s Boardroom collaborating with QSI. The agreement highlights the rising convergence of basketball and soccer, reflecting the increasing global reach of both sports. News Directory 3 is keeping ⁤a close eye on how this plays out. With⁤ this latest acquisition, expect more from Durant in the world of sports ownership. Discover what’s next as PSG and durant team up!

Key Points

  • Kevin⁢ Durant acquires minority stake in ⁣Paris Saint-Germain.
  • Investment aims to boost PSG’s global growth and diversification.
  • Durant’s Boardroom to collaborate with QSI on commercial ventures.

Kevin Durant Invests in Paris Saint-Germain

Updated June 20,⁤ 2025

Phoenix Suns forward Kevin Durant is⁤ expanding his⁢ sports investment portfolio. The NBA star has purchased a minority stake in Paris Saint-Germain (PSG), the Ligue 1 champions, the club announced Friday. This move sees durant, a two-time NBA ‍champion and Olympic gold medalist, venturing into European soccer.

Qatar Sports ‍Investments (QSI), the‍ majority shareholder of PSG, ⁣finalized ‍an investment and strategic partnership ⁤agreement with Durant. The financial details‍ of‍ the deal remain undisclosed. The agreement stipulates that Durant, through his media and investment⁢ company Boardroom, co-founded with Rich Kleiman, will obtain a direct ⁤minority ⁢stake in the celebrated soccer club. This strategic ‍investment aims to leverage Durant’s global influence to further⁤ PSG’s‍ brand and commercial⁣ interests.

Durant expressed his enthusiasm for 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,” Durant 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.”

The announcement surfaces amid ongoing discussions involving the NBA, FIBA, and other entities regarding ⁤the potential establishment of a new European league. This investment underscores the growing intersection between basketball and ⁤European soccer, highlighting the increasing global appeal of both sports.

as part of the agreement, Boardroom Sports ‍Holdings and QSI will⁣ collaborate on various commercial, investment, ‍and content production initiatives. PSG anticipates that Durant’s involvement will bolster the club’s diversification and expansion strategy,particularly in the U.S. and other international markets.Durant’s expertise‍ will also ⁤be valuable in shaping the club’s multi-sport strategy, including future endeavors in basketball.

“Together with Kevin, we look ⁣forward to developing enterprising initiatives⁣ that will⁤ drive the continued ⁣global growth of⁢ Paris Saint-Germain and QSI,” said PSG President Nasser Al Khelaïfi.
⁢

Notably,⁢ this isn’t Durant’s first ⁢foray into sports ownership. In⁣ 2020, he acquired a 5% stake in the MLS club Philadelphia Union, demonstrating his commitment to investing ⁤in diverse sporting ventures.

What’s next

The partnership between Kevin Durant and Paris saint-Germain is expected to generate new opportunities for both parties, perhaps leading to innovative collaborations and further expansion into new markets. The investment highlights the growing trend of athletes taking on ownership roles in⁢ major sports franchises.

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