Team News: Durant has about 1% stake in Paris, considering that Paris s valuation exceeds 4 billion euros is already a lot
On June 21, Paris Saint-Germain officially announced that NBA star Durant and club parent company Qatar Sports Investment Corporation (QSI) signed an investment and strategic partnership agreement.
Durant will acquire a minority stake in Paris Saint-Germain through Boardroom, a media and investment company co-founded with long-term partner Rich Kleiman. The team newspaper reported that Durant became a small shareholder, with a shareholding ratio of about 1%, no more than 2%.
Although this shareholding ratio seems to be very small, considering that the club's valuation is between 4 billion and 4.5 billion euros, this is already quite a lot. US funds held a 12.5% stake in Paris in December 2023, while the club was valued at 531 million euros at the time. In addition, the Paris Champions League championship has further enhanced the club's value.
For Durant, this involves not only money, but also about the club's cooperation in multiple sports strategies, especially in the field of basketball in the future.
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