Kevin Durant has acquired a minority stake in Paris Saint-Germain, marking a strategic partnership with Qatar Sports Investments to enhance the club's multi-sport ambitions.

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Paris Saint-Germain (PSG), a prominent French football club owned by Qatar Sports Investments (QSI), has recently been in the spotlight due to its ambitious multi-sport expansion plans. The club, which has achieved significant success on the European stage, particularly as the winners of the UEFA Champions League, is looking to diversify its portfolio and venture into new sports, including basketball. Kevin Durant, an NBA superstar, has now acquired a direct minority stake in PSG through his firm, Boardroom.

Previously, Durant held an indirect stake in PSG via Arctos Sports Partners, which had acquired 12.5% of the club. This new investment represents a pivotal moment in PSG's trajectory as it seeks to solidify its position in the increasingly interconnected world of sports investments.

Industry Overview in France

The sports industry in France has been undergoing a significant transformation, driven by an increasing influx of investment, sponsorship, and a growing fan base. Football remains the dominant sport, with Ligue 1 and clubs like PSG at th