Kevin Durant left Paris with even more than his record-breaking fourth Olympic gold medal.
Thank you for reading this post, don't forget to subscribe!Boardroom, Durant’s media company, confirmed multiple reports that Durant has invested in Paris Saint-Germain (PSG) and will become a minority owner of the club.
Earlier this month, Paris Saint-Germain President Nasser Al-Khelaïfi welcomed Durant and his long-time business partner, entrepreneur @richkleiman to the Paris Saint-Germain Campus to kick off the partnership with a visit to the Club’s state-of-the-art training facility and…
— Boardroom (@boardroom) August 12, 2024
Boardroom added:
“Earlier this month, Paris Saint-Germain President Nasser Al-Khelaïfi welcomed Durant and his long-time business partner, entrepreneur (Rich Kleiman) to the Paris Saint-Germain Campus to kick off the partnership with a visit to the Club’s state-of-the-art training facility and education centre.
“They witnessed first-hand how the Club’s values of innovation and excellence are embodied in this new environment, where Paris Saint-Germain is nurturing the stars of tomorrow.
“They also spent time with Paris Saint-Germain’s professional football teams, with a particular focus on the women’s and youth academy teams – areas of strong interest for him both in terms of sport and investment.
“Durant and Kleiman’s sports and entertainment media network Boardroom will work with Paris Saint-Germain to develop a multi-faceted collaboration that spans content and strategy.”
Durant visited PSG’s campus on Aug. 5 while in Paris for the 2024 Paris Olympics.
???? Kevin Durant au Campus PSG ????
???? Avant la finale de ce soir, revivez la visite de Kevin Durant, au Campus PSG ???????? pic.twitter.com/88VxIRkbfu
— Paris Saint-Germain (@PSG_inside) August 10, 2024
“It was an honour to host Kevin Durant today at the PSG Campus and witness his passion for Paris Saint-Germain, sports excellence and community,” Nasser Al-Khelaïfi, President of Paris Saint-Germain, said in a release following Durant’s visit. “Kevin is an inspirational athlete, investor, and universal role model, both on and off the court. We are extremely proud that he’s becoming closer to the PSG family and shares our same values and vision. We look forward to working closely with Kevin and Boardroom to bring the best of sports and entertainment to fans around the world.”
PSG has won 10 championships since 2012 in French Ligue 1 and was valued at approximately $5.7 billion in 2023. This partnership with Durant could open up opportunities for PSG in the United States.
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Brendan Mau is a senior writer covering the Phoenix Suns and more for Burn City Sports. You can follow him on X via @Brendan_Mau
