NBA Star Kevin Durant buys minority stake in PSG as QSI partner

Kevin Durant, the forward for the Phoenix Suns, has secured a minority stake in Paris Saint-Germain (PSG), the reigning champions of the UEFA Champions League.

This partnership was confirmed by the Ligue 1 club in a statement made on Friday.

The agreement involves Qatar Sports Investments (QSI), PSG’s principal shareholder, solidifying its relationship with Durant through a formal investment and strategic collaboration.

Expressing his enthusiasm for the partnership, Durant, remarked: “It is an honour to partner with QSI and be a shareholder in Paris Saint-Germain—a club and city that is deeply close to my heart.”

“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.” 

Furthermore, Durant’s experience and insight will be invaluable as PSG pursues its multi-sport strategy, which includes future basketball ventures.

PSG president, Nasser Al Khelaïfi, concluded: “Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI.”

While the financial particulars of the arrangement remain undisclosed, the implications of Durant’s involvement are noteworthy.

PSG’s announcement indicated that Durant, through his media and investment company Boardroom—co-founded with his long-time business associate Rich Kleiman—will acquire a direct minority interest in the club.

This marks a big entry into the European football scene for Durant, who holds the distinction of being a two-time NBA champion and a prominent figure in professional basketball.

The timing of this announcement is particularly pertinent against the backdrop of ongoing discussions among the NBA, FIBA, and various stakeholders regarding the establishment of a new league in Europe. 

As part of this venture, Boardroom Sports Holdings, Durant’s personal investment entity—which boasts stakes in multiple professional sports franchises—will collaborate with QSI on diverse commercial, investment, and content creation projects.

This partnership aims to support PSG’s ambitions in diversifying its brand and expanding its presence within the dynamic U.S. and international markets.

Don’t miss out on the latest in sports business – Subscribe today to the free Ministry of Sport newsletter and stay ahead of the game. For even more exclusive insights, event tickets, professional development and networking events, become a MoS Member today!.