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Two-time NBA champion Kevin Durant has bought a minority stake in Champions League winners Paris St-Germain.<\/b><\/p>\n
The Phoenix Suns forward has signed a strategic partnership agreement with Qatar Sports Investments (QSI), the majority owners of the French club, and will provide expertise during PSG’s planned expansion into basketball.<\/p>\n
“It is an honour to partner with QSI and to be a shareholder of PSG, a club and a city that is deeply close to my heart,” the four-time Olympic gold medallist said.<\/p>\n
“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.”<\/p>\n
Earlier this year, QSI expressed their interest in owning a franchise in a European basketball league proposed by the NBA<\/a> and the sport’s world governing body Fiba.<\/p>\n PSG said that they will partner with Durant’s media and investment company Boardroom on a wide range of “commercial, investment and content initiatives” and that the NBA star will “support the club on its continued sports and business diversification and growth”.<\/p>\n Durant was already linked with the 13-time French champions through the club’s minority shareholder Arctos Partners but has now invested directly.<\/p>\n Durant, who won two NBA titles with Golden State Warriors and claimed gold at the 2024 Paris Olympics with the United States, was recently included in Forbes’ 2025 list of highest-paid athletes<\/a>.<\/p>\n QSI acquired PSG in 2011 and their investment has helped the club win 11 Ligue 1 titles and a first Champions League, that they won by defeating Inter Milan 5-0<\/a> last month.<\/p>\n<\/div>\n