Basketball superstar Kevin Durant has made headlines by increasing his involvement with the Paris Saint-Germain (PSG) football club. The 2014 NBA MVP has made a direct equity investment in the club, further reinforcing his connection to the European champions while also paving the way for potential basketball initiatives in the region.
Durant Strengthens Ties with Paris Saint-Germain
Kevin Durant, a renowned figure in basketball and a two-time NBA champion, has significantly deepened his ties with Paris Saint-Germain by investing directly in the club. According to a press release from Qatar Sports Investments, the financial arm of the club, Durant’s role will extend beyond mere investment, contributing to “future basketball projects” as PSG explores opportunities in the sport.
Future Basketball Ventures on the Horizon
Durant, who previously held a minority stake in PSG through investment firm Arctos, is now set to play a pivotal role in establishing a basketball franchise—possibly in alignment with plans for NBA Europe. This move comes after Qatar Sports Investments hinted at discussions with the NBA regarding the creation of a European competition, overseen by NBA Commissioner Adam Silver. While specific details remain speculative, Durant’s expertise and influence could provide vital support to PSG as they venture into professional basketball.
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