Kevin Durant Buys Stake In PSG
Posted: Tue Aug 13, 2024 5:02 am
Kevin Durant bought a minority stake in Ligue 1 club Paris Saint-Germain.
Durant bought his stake through Arctos Sports Partners, an American investment fund that bought 12.5% of the club back in 2023.
PSG was valued at $4.6 billion at the time.
Durant's role is to develop PSG's brand in the U.S. through marketing and sponsorships.