NBA superstar Kevin Durant partners with Qatar Sports Investments for PSG collaboration

Doha: Qatar Sports Investments, the majority owner of European Champions Paris Saint Germain, has signed an investment and strategic partnership agree...

Doha: Qatar Sports Investments, 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 Durant – via his media and investment arm Boardroom, with entrepreneur and long-time business partner Rich Kleiman – acquire a direct minority stake in the Club.

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.