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The UEFA Champions League holders revealed that the owners of the club, Qatari Sports Investment, penned an investment and strategic partnership agreement with Durant.
Kevin Durant. (X)
NBA star Kevin Durant acquired a minority stake in Ligue 1 side PSG on Friday through his media and investment company, Boardroom.
The UEFA Champions League holders revealed that the owners of the club, Qatari Sports Investment, penned an investment and strategic partnership agreement with Durant.
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The Phoenix Suns star, who is one of the most decorated player in the sport and the French Capital City club could co-opeate on a wide-series of commercial, investment, and content initiatives, while also exploit the potential in merchandise, media content generation and international strategy in addition to any potential sporting expansion.
“With Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI,” PSG Chairman Nasser Al-Khelaifi said.
‘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,” said Durant reflecting on the partnership.
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PSG claimed their maiden elite European title, the UCL, with a 5-0 rout of Inter Milan in the final of the tournament as Luis Enrique’s men outclassed the Serie A giants.
Desire Doue starred with a brace, while Achraf Hakimi, Khvicha Kvaratskhelia and Senny Mayulu all also found the back of the net in an emphatic performance to give the Qatari-owned side their first-ever Champions League title.
PSG started the ongoing FIFA Club World Cup 2025 with a 4-0 thrashing of Atletico Madrid as Fabian Ruiz, Vitinha, Mayulu and Kang-In Lee netted for the French unit, but the Ligue 1 champions were shocked by Brazilian side Botafogo in their second outing at the revamped edition of the tournamnent on Friday as PSG slumped to a 0-1 defeat with Igor Jesus netting the lone goal of the game to give his side the win.
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