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After having already opened its capital in Arctos, Qatar Sports activities Investments (QSI), the bulk shareholder of PSG, has simply formalized an funding and partnership settlement with Kevin Durant, the legend of American basketball.
PSG, by way of its majority shareholder Qatar Sports activities Investments (QSI), continues to develop its hyperlink with america. After having already opened its capital to the Arctos funding fund in December 2023, QSI introduced this Friday an funding and strategic partnership settlement with Kevin Durant, legend of American basketball.
In August 2024, the double NBA champion and quadruple Olympic gold medalist, had already invested not directly in PSG and QSI by investing in … Arctos. This time, Kevin Durant invests instantly in QSI by way of his media and funding Boardroom firm, which he co -founded along with his longtime accomplice Wealthy Kleiman.
This time, throughout invests instantly in PSG by way of QSI
In accordance with The Athletic, over the last 12 months between 1 and 9 million euros final 12 months in PSG by way of Arctos and the quantity of its direct funding in QSI is nearly the identical as earlier than. This supply specifies that throughout the participation acquired by way of Arctos and that its exit was funded by different Arctos funds, the participation of which stays round 12.5%.
“In any such partnership, entry to the well-known athlete, his relationships, his affect and his experience is extra treasured for the Qatari fund, which isn’t wanting cash,” provides the English -speaking media.
QSI specifies that it has signed with Boardroom an settlement to purchase actions and strategic partnership, thus formalizing the direct entry of throughout as a minority motion from Paris Saint-Germain. In a protracted press launch, PSG specifies the perimeter of this partnership.
Boardroom and QSI will work collectively on a big sequence of economic, funding and content material manufacturing initiatives. Kevin Durant can even accompany PSG in its technique of diversification and progress on the sporting and business ranges, but additionally by offering its experience on the multisport technique of Paris Saint-Germain, specifically regarding future tasks within the subject of basketball.
A closing sentence heavy with that means at a time when the NBA plans to launch a league in Europe quickly and has already began discussions with QSI to create a franchise in Paris, doubtlessly due to this fact in collaboration with PSG. There is no such thing as a doubt that in his position to play on this mission (and even as a participant?).
“PSG has main tasks and I can not wait to take part within the subsequent progress section”
“It’s an honor to affiliate with QSI and to be a shareholder in Paris Saint -Germain – a membership and a metropolis that’s deeply near my coronary heart. This membership has main tasks and I can not wait to take part within the subsequent progress section and discover new funding alternatives with QSI, “Kevin throughout.
President of PSG and QSI, Nasser Al-Khelaïfi additionally welcomed this prestigious strategic partnership: “QSI is happy to welcome Kevin throughout as a direct actionary of Paris Saint-Germain and strategic accomplice of our group. We’re repeatedly seeking to develop the membership and our international portfolio because of excessive influence partnerships that present strategic worth, innovation and worldwide prospects. With Kevin, we’re impatient to develop formidable initiatives that may stimulate steady international progress in Paris Saint-Germain and QSI. »»
