Kevin Durant buys minority stake in Paris Saint-Germain, will advise club on basketball expansion
PARIS (AP) — NBA star Kevin Durant has purchased a minority stake in Champions League winner Paris Saint-Germain, the French soccer club said Friday.
Qatar Sports Investments, PSG’s majority shareholder, signed an investment and strategic partnership agreement with Durant, the club said in a statement. Financial terms were not disclosed.
The announcement comes amid talks between the NBA, FIBA and other entities about the potential of adding a new league in Europe.
Durant...