• Kevin Durant purchases a minority stake in PSG, focusing on basketball expansion.
• Durant's expertise will aid PSG's multi-sport strategy and international growth.
• The agreement includes a partnership with Qatar Sports Investments (QSI).

NBA star Kevin Durant has officially acquired a minority stake in the Champions League-winning club Paris Saint-Germain (PSG), marking a significant move as the club plans its expansion into basketball. The agreement, facilitated through Durant's company Boardroom, was made with PSG's majority shareholder Qatar Sports Investments (QSI), although the financial details remain undisclosed, according to Channel News Asia, Reuters, Africa News, and Le Monde.

The partnership involves significant commercial and investment initiatives as Durant aims to leverage his experience for the club's multi-sport strategy. PSG expressed enthusiasm about Durant's role in their global expansion plans, particularly related to basketball, noting ongoing discussions about establishing a new basketball league in Europe. "It is an honor to partner with QSI and be a shareholder of Paris Saint-Germain," Durant stated, reflecting on his connection to the city and club, according to Channel News Asia, Reuters, Africa News, and Le Monde.

Additionally, Durant has become a notable figure in sports investment through his company Boardroom, collaborating with various sports entities for development projects. PSG's president Nasser Al-Khelaïfi highlighted the ambition for collaborative initiatives that would sustain the club's growth on a global scale, saying, "Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI," making it clear that the club aims to enhance its international presence significantly, according to Channel News Asia, Reuters, Africa News, and Le Monde.