“It is an honor to partner with QSI and be a shareholder in Paris Saint-Germain - a club and city that is deeply close to my heart,” Durant said in comments provided by PSG. “This club has big plans, and I look forward to being part of the next phase of growth and exploring new investment opportunities with QSI.”
As a part of the deal, Boardroom Sports Holdings - Durant’s personal financial structure, which contains investments with multiple major sports teams and leagues - will join with QSI through partnerships on commercial, investment, and content production.
PSG added that Durant's support will aid their diversification and growth strategy both domestically and abroad. He will also add a level of expertise on the club's multi-sport strategy, including consulting on potential future plans in basketball.
“Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI,” said PSG president Nasser Al-Khelaïfi.
PSG's portfolio already includes men's and women's soccer, youth soccer, handball, and judo.