NBA star Kevin Durant gains stake in Paris Saint-Germain as a limited partner through Arctos Sports Partners.
In a strategic move that aligns with his broader business interests in sports and entertainment, basketball star Kevin Durant has become a limited partner in Paris Saint-Germain (PSG), France's largest soccer club [1][2][4]. This investment was made through an expanded partnership with Qatar Sports Investments (QSI), the majority owner of PSG.
Durant's investment vehicle, Boardroom Sports Holdings, co-founded by Durant and his business partner Rich Kleiman, has acquired a minority stake in the French Ligue 1 club as part of this collaborative endeavour [2][5]. Boardroom Sports Holdings, which invests in various sports teams and leagues, marks Durant's direct involvement in European soccer.
The investments made by Boardroom Sports Holdings are not limited to soccer clubs. Durant's investment arm has also acquired stakes in Major League Soccer club Philadelphia Union, Major League Pickleball club Brooklyn Aces, and the 2023 NSWL champions Gotham FC [3][6]. Furthermore, Durant's special vehicle investment setup keeps him from holding any part of Arctos Partners' NBA assets, which would have run afoul of league rules [7].
Durant's investment in PSG comes at a time when it is increasingly common for prominent American athletes, particularly from the NBA and NFL, to invest in international sports franchises, including European soccer [2][5]. While specific recent examples besides Durant were not detailed in the available information, this trend suggests a growing interest among American athletes in diversifying their investments beyond the American sports landscape.
In line with his investment, Durant will advise on PSG's multi-sport strategy and potentially expand into NBA-related ventures in Europe. One such venture could be the prospect of a European NBA league, with a Paris franchise valued over $500 million [2].
Notably, Durant is not the only American athlete with investments in European soccer. For instance, basketball legend LeBron James, a Team USA teammate of Durant, is a limited partner at Fenway Sports Group (Liverpool) [8]. Similarly, Tom Brady has an investment in Birmingham City [9].
As Durant continues to expand his sports and entertainment portfolio, his investment in PSG signifies a significant step in his journey as a sports mogul, adding another prestigious club to his growing list of investments.
- Paris Saint-Germain remains majority owned by Qatar Sports Investments
- Kevin Durant becomes a limited partner in Paris Saint-Germain
- Arctos Partners buys 12.5% stake in PSG at $4.3 billion valuation
- Arctos Partners is a U.S. private investment firm with stakes in sports franchises
- Kevin Durant's investment arm, Boardroom Sports Holdings, has made multiple sports investments
- Kevin Durant's investment arm, Boardroom Sports Holdings, has acquired stakes in various sports franchises
- Kevin Durant's investment arm, Boardroom Sports Holdings, is not involved in any of Arctos Partners' NBA assets
- LeBron James, a Team USA teammate of Durant, is a limited partner at Fenway Sports Group (Liverpool)
- Tom Brady has an investment in Birmingham City
- Kevin Durant's investment arm, Boardroom Sports Holdings, has acquired a minority stake in Paris Saint-Germain (PSG), France's largest soccer club.
- Durant's investment in PSG is not limited to soccer clubs; his investment arm has also acquired stakes in Major League Soccer club Philadelphia Union, Major League Pickleball club Brooklyn Aces, and the 2023 NSWL champions Gotham FC.
- American athletes, particularly from the NBA and NFL, are investing in international sports franchises, including European soccer, as a trend suggesting a growing interest in diversifying investments beyond the American sports landscape.
