Phoenix Sun Ahead Kevin Duunt Has purchased a minority stake in Champions League Winner Paris Saint Germain, Ligue 1 The club said on Friday.
The club said in a statement, “PSG’s majority shareholder Qatar Sports Investments signed an investment and strategic partnership agreement, the club said in a statement. Financial terms of the deal were not disclosed.
The PSG’s statement said, “Under the terms of the partnership, through the boardroom of the Durant-Your Media and Investment Company, a long-term business partner will get a direct minority stake in the co-place-club with Rich Kleemon,” the PSG’s statement said.
The 36 -year -old is twice the NBA champion and one of the elite shot makers of the league.
The Durant Olympic Basketball became the first four male gold medalist in history, when the US won the gold medal at the last summer Paris Olympics.
Duunt said in the comments provided by PSG, “This is an honor for partnership with QSI and being a shareholder in Paris St.-Germen-a club and city that is deep of my heart.” “This club has large plans and I am eager to be part of the next stage of development and discover new investment opportunities with QSI.”
Announcement comes In the midst of conversation About the process of adding a new league to Europe among NBA, FIBA and other institutions.
As part of the deal, the boardroom sports holdings – individual investment vehicles of Durant, which bet in many major sports teams and leagues – and Qsi will include forces in a wide range of commercial, investment and material production initiatives.
The PSG stated that the Durant Club’s diversification and development strategy would support the development of the club in America and other international markets. He will also provide expertise on club’s multi-port strategy, including future plans in basketball.
PSG president Nasir Al Khelfi said, “Together with Kevin, we are ready to develop ambitious initiatives, which will carry forward the continuous global development of Paris St.-German and QSI.”
In 2020, Acquisition of mischief 5% share in Of mls Club Philadelphia Association,
