September 5, 2025
Look out Europe! NBA icon Kevin Durant has landed in Italy and made a splash with a sizzling new business move. The two-time NBA champion has now become a minority owner of the French football giant Paris Saint-Germain (PSG). This thrilling deal comes through his close ties with Qatar Sports Investments (QSI), the biggest shareholder of PSG. Though the exact deal details are kept under wraps, the partnership was confirmed by PSG in an official statement. The buzz started after it was revealed by The Athletic that Durant, who plays for the Phoenix Suns, is expanding his friendship with QSI. His investment comes through his company Boardroom, co-founded with his business partner Rich Kleiman. Boardroom will not just hold this minority stake but also act as a key advisor for PSG’s multisport goals, especially their potential move into basketball. Imagine a star like Durant shaping basketball in Paris! PSG already shines in soccer, handball, and judo, but basketball could be their next big adventure. This could spark the creation of a Paris basketball team to compete in the prestigious EuroLeague or in a new league being discussed by the NBA and FIBA. PSG’s president, Nasser Al Khelaifi, was all praise saying, "Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI." Kevin Durant expressed his excitement, saying, "It is an honor to partner with QSI and be a shareholder in Paris Saint-Germain—a club and city that is deeply close to my heart. PSG already operates in soccer, handball, and judo, but its basketball vision could be the next frontier." He added, "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." Durant will also assist PSG's plans to expand globally, especially in the US and other countries. His strong brand influence and vision promise to be a shining light in shaping the future of basketball in Europe. All this excitement comes at a time when the basketball world buzzes about new leagues in Europe, involving big players like NBA and FIBA. Kevin Durant's move is not just about business; it’s about creating a spectacular new story in international basketball. Stay tuned for more updates as this partnership kicks off!
Tags: Kevin durant, Paris saint-germain, Qatar sports investments, Nba, Basketball europe, Boardroom,
Comments