The American Professional League star Kevin Durant The French Football Club said on Friday that the Paris Saint -Germain minority stake in the UEFA Champions League minority. The club said in a statement that Qatar Sports Investment Sports, the majority of Paris Saint -Germain, signed a partnership and strategy partnership agreement with Durant. The financial conditions have not been revealed.
This announcement comes amid talks between the American Professional League and Fiba and other entities about the possibility of adding a new association in Europe. Durant will provide experience in the PSG strategy, including a potential basketball expansion.
“In accordance with the conditions of the partnership, Durant-through the board of directors of the Media and Investment Company, will receive the establishment of the business partner for a long time, Rich Cleiman-a direct minority session in the club,” said PSG.
the Phenix Suns The striker is the American Professional League champion twice and became the first gold medal for men four times in the history of Olympic basketball when the United States got gold in the Paris games last summer. This is also not his first football project, because it has a minority stake and a consultant agreement with MLS, Philadelphia Federation.
“It is the honor of the honor of partnership with QSI and to be a contributor to Paris Saint-Germain-call and a city very close to my heart,” Durant, 36, said in the comments made by Paris Saint-Germain. “This club has big plans and I look forward to being part of the next stage of growth and exploring new investment opportunities with QSI.”
[Related: Kevin Durant Trade: Cases For, Against Rockets, Spurs, More Acquiring Suns Star]
As part of the deal, the Durant’s personal investment vehicle, which carries stakes in a number of major sports teams and tournaments – will join a wide range of commercial and investment content production initiatives.
Paris Saint -Germain added that Durant will support the club’s diversification and growth strategy, as well as the club’s development in the United States and other international markets.
“Along with Kevin, we are looking forward to developing ambitious initiatives that will drive the continuous global growth of Paris Saint -Germain and QSI,” said PSG Nasser Al -Khulaifi, “along with Kevin, is looking forward to developing ambitious initiatives that prompt the continuous global growth of Paris Saint -Germain and QSI.”
The Associated Press contributed to this report.
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Kevin Durant
UEFA Champions League
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