NBA star Durant takes minority PSG stake / Photo: Aris MESSINIS - AFP
-
Rinku stars as Kolkata edge Lucknow in Super Over
-
T'Wolves Edwards to miss several weeks - report
-
Michael Jackson biopic debuts atop N. America box office
-
King Charles state visit to US to go on as planned after shooting
-
Inter pegged back by Torino as Serie A title charge hits bump in road
-
Mali junta in crisis after minister killed, key city 'captured'
-
Dortmund down Freiburg to seal Champions League spot
-
McFarlane hails Chelsea 'character' after FA Cup semi-final win
-
Gunman sought to kill Trump, cabinet at gala dinner
-
Arsenal punish Lyon errors in Champions League semi
-
Suspect in US press gala shooting - what we know
-
Key US senator lifts block on Fed chair nominee
-
Attacks in Mali: What we know
-
Vollering wins women's Lige-Bastogne-Liege for 3rd time
-
Sinner motors on in Madrid as Gauff overcomes stomach bug
-
Fernandez sends Chelsea into FA Cup final to lift gloom after Rosenior sacking
-
Colombia road bombing death toll rises to 19
-
Stuttgart stumble against Bremen in top-four race
-
Two former Israel PMs unite to challenge Netanyahu in elections
-
Trump says shooting proves need for his White House ballroom
-
Pogacar cracks teen Seixas to win 4th Liege-Bastogne-Liege
-
Iran minister returns to Pakistan despite US talks cancellation
-
Rabada's 3-25 helps Gujarat thrash Chennai in IPL
-
Pogacar beats teen Seixas to win 4th Liege-Bastogne-Liege
-
Gunman planned to target top Trump officials: attorney general
-
Alex Marquez wins Spanish MotoGP to end Bezzecchi streak
-
History-maker Sawe shatters marathon glass ceiling
-
Gauff overcomes stomach bug to beat Cirstea in Madrid
-
Mali defence minister killed, fresh fighting between army and rebels
-
Sawe makes history with first sub-two-hour marathon in London
-
Assefa wins London Marathon in women's-only world record time
-
Superstar galloper Ka Ying Rising storms to 20th straight win
-
Austria's Wiesberger wins first DP World Tour title in 1,792 days
-
Cummins hails teen wonder Sooryavanshi as 'my new favourite player'
-
New fighting in Mali's Kidal between army and rebels
-
Chernobyl refugee town welcomes Ukraine's conflict displaced
-
World leaders react to Washington gala shooting
-
Zelensky accuses Russia of 'nuclear terrorism' on Chernobyl anniversary
-
Coach says 'glimmer of hope' for imperilled Moana Pasifika
-
'I've studied assassinations': Trump muses on reasons for latest shooting
-
What we know about the Trump press gala shooting
-
Al Ahli made to 'suffer' in winning Asian Champions League: coach
-
India plugs oil gap as Middle East supplies sink
-
Trump evacuated as shooter opens fire at Washington gala
-
'Get down!' Panic and chaos at glitzy media gala
-
Timberwolves' Edwards, DiVincenzo injured in playoff win over Nuggets
-
T'Wolves shake off key injuries to beat Nuggets for 3-1 series lead
-
Japan's Machida had 'mental pressure' in Champions League final loss
-
US Fed set to hold rates steady again on cost hikes from Mideast war
-
Trump evacuated as shooter opens fire at Washington gala event
NBA star Durant takes minority PSG stake
Basketball star Kevin Durant has taken a minority stake in Paris Saint-Germain, the European champions announced Friday, without saying how many shares the power forward had acquired.
The club said in a statement that owners Qatar Sports Investment (QSI) had "signed an investment and strategic partnership agreement with Kevin Durant, one of the most decorated US basketball players of all time and a leading investor in sports and entertainment properties."
It said Durant would acquire the stake "via his media and investment arm Boardroom".
The club said QSI would cooperate with Boardroom "on a wide-series of commercial, investment, and content initiatives" including merchandise, media content US and international strategy and "potential Basketball/Multi-Sport expansion."
"With Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI," said Nasser Al-Khelaifi, Chairman of QSI.
Durant, 36, is a power forward with the Phoenix Suns. He won two NBA titles with the Golden State Warriors and has four Olympic gold medals, the last from the 2024 Paris Games.
He said in the PSG statement that PSG and Paris were "a Club and a city that is so close to my heart. This club has big plans ahead, and I can't wait to be a part of the next phase of growth."
O.Brown--AT