PSG formalizes Kevin Durant’s entry into its shareholding

We revealed it to you a little earlier exclusively this Monday evening, it is now official: Kevin Durant has become a minority shareholder of PSG. Recently gold medalist alongside LeBron James, the Phoenix Suns basketball player imitates his elder who became a minority shareholder of Liverpool a few years ago. This Monday, in a press release on Instagram, Boardroom Sports Holdings, KD’s company, and PSG, gave more details on this collaboration:

“Two-time NBA champion Kevin Durant has invested in Paris Saint-Germain through his company Boardroom Sports Holdings, LLC, via Arctos Partners, the club’s strategic minority investor. Further details will be announced shortly. Earlier this month, Paris Saint-Germain Chairman Nasser Al-Khelaïfi welcomed Durant and his longtime business partner, entrepreneur Rich Kleiman, to the Paris Saint-Germain campus to kick off the partnership with a tour of the club’s state-of-the-art training facility and academy. They saw firsthand how the Club’s values ​​of innovation and excellence are embodied in this new environment, where Paris Saint-Germain is developing the stars of tomorrow. They also spent time with Paris Saint-Germain’s professional soccer teams, particularly the women’s and youth teams – areas of particular interest to him, both in terms of sport and investment. Boardroom, Durant and Kleiman’s sports and entertainment media network, will work with Paris Saint-Germain to develop a multi-faceted collaboration that spans content and strategy.»