Overview
- Durant acquired his stake through Boardroom Sports Holdings, joining Qatar Sports Investments as a strategic partner in PSG’s ownership structure.
- The partnership encompasses commercial, investment and content production initiatives designed to broaden PSG’s global brand.
- He will lend his expertise to PSG’s multi-sport strategy, particularly guiding potential expansion into professional basketball.
- Durant is set to support the club’s diversification efforts and its growth in the United States and other key international markets.
- Financial terms of the investment were not disclosed and this move coincides with discussions on a new European basketball league among the NBA and FIBA.