Two-time NBA champion Kevin Durant has purchased a minority stake in Champions League winners Paris St-Germain.
The Phoenix Suns ahead has signed a strategic partnership settlement with Qatar Sports activities Investments (QSI), the bulk homeowners of the French membership, and can present experience throughout PSG’s deliberate enlargement into basketball.
“It’s an honour to companion with QSI and to be a shareholder of PSG, a membership and a metropolis that’s deeply near my coronary heart,” the four-time Olympic gold medallist stated.
“This membership has massive plans and I stay up for being a part of the following part of development and exploring new funding alternatives with QSI.”
Earlier this 12 months, QSI expressed their curiosity in proudly owning a franchise in a European basketball league proposed by the NBA and the game’s world governing physique Fiba.
PSG stated that they may companion with Durant’s media and funding firm Boardroom on a variety of “industrial, funding and content material initiatives” and that the NBA star will “help the membership on its continued sports activities and enterprise diversification and development”.
Durant was already linked with the 13-time French champions via the membership’s minority shareholder Arctos Companions however has now invested immediately.
Durant, who received two NBA titles with Golden State Warriors and claimed gold on the 2024 Paris Olympics with the USA, was not too long ago included in Forbes’ 2025 record of highest-paid athletes.
QSI acquired PSG in 2011 and their funding has helped the membership win 11 Ligue 1 titles and a primary Champions League, that they received by defeating Inter Milan 5-0 final month.
