Basketball star Kevin Durant has taken a minority stake in Paris Saint-Germain, the European champions announced.
Basketball star Kevin Durant has taken a minority stake in Paris Saint-Germain, the European champions announced.
Qatar Sports Investments (QSI), the majority-owner of European Champions Paris Saint-Germain, has signed an investment and strategic partnership agreement with Kevin Durant, one of the most decorated US basketball players of all time and a leading investor in sports and entertainment properties.
The deal will see Phoenix Suns forward Durant – via his media and investment arm Boardroom, with entrepreneur and long-time business partner Rich Kleiman – acquire a direct minority stake in the PSG.
In August 2024, Durant – the two-time NBA Champion, four-time Olympic gold medalist, MVP, and fifteen-time NBA All-Star – partnered with Paris Saint-Germain through Arctos Partners, a minority shareholder in the Club.
Earlier this week, Qatar Sports Investments and Boardroom Sports Holdings – Durant’s personal investment vehicle which holds stakes in a range of leading sports teams and leagues – signed a share purchase and strategic partnership agreement whereby Durant has become a direct minority shareholder in Paris Saint-Germain.
As part of the relationship, Boardroom and Qatar Sports Investments will partner on a wide-series of commercial, investment, and content initiatives; and Durant will support the Club on its continued sports and business diversification and growth – including co-developing merchandise and original media content; advising on the Club’s US and other international markets strategy; supporting PSG for Communities (the Club’s charitable foundation and fundraising arm); and consulting on Paris Saint-Germain’s multi-sport strategy including potential plans in basketball.
Nasser al-Khelaïfi, Chairman of Qatar Sports Investments said, “QSI is pleased to welcome Kevin Durant as a direct shareholder in Paris Saint-Germain and strategic partner of our Group. We continually seek to elevate the Club and our broader portfolio through high-impact partnerships that bring strategic value, innovation, and global perspective. Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI.”
Durant said, “It is an honour to partner with QSI and be a shareholder in Paris Saint-Germain – a Club and a city that is so close to my heart. This club has big plans ahead, and I can't wait to be a part of the next phase of growth; and to explore new investment opportunities with QSI.”
One of those opportunities is likely to come in the world of basketball, with PSG already involved in early-stage talks with the NBA regarding potential investment and venues for a new basketball league in Europe.
The 36-year-old will also support the club in its strategy of diversification and growth on sporting and commercial fronts, including developing the club's strategy in the United States and other international markets. Durant was recently included in Forbes' 2025 list of the world's highest-paid athletes, coming in at number 10 with earnings of $101.4mn.
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