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The news of the trade that takes him from Phoenix to Houston came as a cold shower for the 35-year-old basketball player. However, what came next is perhaps even more important to his career off the court. One of today's best players signed a cooperation agreement with the Qatar Sports Investment group, which enabled him to become a co-owner of the famous French club Paris Saint-Germain.
The Qataris have been managing PSG for a long time, and the new agreement means that the great basketball player will be part of the ownership structure of the club. The contract refers to joint work on business, investment and sports projects, including the possible expansion of the NBA league to Europe, which is a topic that has been talked about in for a long time.
A new phase for the famous basketball player
"It is a great honor for me to become a partner with Qatar Sports Investment Group and co-owner of Paris Saint-Germain, a club from a city that holds a special place in my heart. The club has big plans and I look forward to being part of the next phase of growth and new investment opportunities," said one of today's most versatile basketball players.
Durent is expected to have an advisory role in the development of PSG's multi-sport strategy, and his inclusion in the plans to establish a basketball team is particularly noteworthy.
Through his company Boardroom, which he runs together with Rich Kleiman, the experienced sportsman achieved direct ownership in the club. PSG has confirmed that it is a minority stake, but there are rumors that it is a multi-million dollar amount.
"In Kevin, we see a strategic partner who brings innovation, value and a global perspective to our project," said Nasser Al-Khelaifi, chief executive of PSG and Qatar Sports Investment Group.
We will see if this cooperation will be fruitful for both parties involved.
Kevin could certainly be an important link in the team that dominates Europe at the moment.
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