Kevin Durant Buys Stake In PSG

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Kevin Durant Buys Stake In PSG 

Post#1 » by RealGM Wiretap » 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. 

Via Julien Laurens/ESPN FC

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