Sports

Investing in Paris Saint -Germain Durant – Basketball Extension Plans by the French

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The NBA star, Kevin Durant bought a minority share in Paris Saint -GermainThe Champions League trophy announced on Friday. The basketball player of Phoenix Sans will provide know -how for the planned expansion of the French team to basketball.

THE Duranttwice NBA champion and four times Olympic goldsigned a share and strategic cooperation agreement with PSG major shareholder, Qatar Sports Investments (QSI) through Boardroom company, the news agency notes Reuters.

“It is my honor to work with QSI and become a shareholder of Paris Saint -Germain, a club and a city deep in my heart.”Durant said and continued: “This club has big plans and I look forward to participating in the next phase of development and exploring new investment opportunities with QSI.”

One of these opportunities is likely to come to the world of basketball, with the Psg have already been involved in discussions at an early stage with NBA about possible investment and conducting a new Basketball Championship in Europe.

Source: Sport Fm

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