Kevin Durant joins PSG in Qatar Sports Investments deal

NBA legend and prominent sports investor Kevin Durant has officially secured a direct minority stake in Paris Saint-Germain (PSG), deepening his ties with the French football giant. The announcement comes alongside a new strategic collaboration between Qatar Sports Investments (QSI), PSG’s majority owner, and Boardroom Sports Holdings, Durant’s own investment company.

This move marks a significant step forward in Durant’s involvement with PSG, building on his initial entry in 2024 via Arctos Partners, another minority shareholder. Under the updated arrangement, Durant now holds direct equity in the club and will collaborate with PSG and QSI on a range of commercial, media, and social impact initiatives.

Beyond Capital: Expanding the Scope of the Partnership

Kevin Durant’s liaison with Paris Saint-Germain (PSG) extends far beyond a financial stake. Through Boardroom, the media and investment platform he co-founded with long-time business partner Rich Kleiman, the collaboration will deliver a range of strategic initiatives, including:

  • Developing merchandise for international markets
  • Producing original content and media across digital, documentary, and streaming platforms
  • Strengthening grassroots and charitable programs through PSG for Communities
  • Advising on PSG’s growth strategy in the United States
  • Exploring multi-sport opportunities, including potential expansion into basketball

Durant’s direct ownership marks the first time a high-profile American athlete has invested in PSG, highlighting the club’s increasing efforts to build its brand across the Atlantic.

Qatar Sports Investments Chairman, Nasser Al-Khelaïfi, welcomed Kevin Durant onboard as a key associate, noting the significance of the collaboration.

“We continually seek to elevate the Club and our broader portfolio through high-impact partnerships that bring strategic value, innovation, and global perspective. Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI,” he said via press release.

Kevin Durant expressed his enthusiasm for the future, reflecting on the new partnership and his direct stake in the club.

“It is an honour to partner with QSI and be a shareholder in Paris Saint-Germain — 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,” he said via press release.

Strategic Focus: U.S. Market Growth and Cross-Sport Opportunities

This agreement highlights PSG’s wider strategy to expand its global reach, especially in the U.S., where the club has boosted its profile through digital content, retail initiatives, and now direct equity partnerships.

Durant, via Boardroom, already holds stakes in Major League Soccer (MLS), the National Women’s Soccer League (NWSL), and other international sports ventures, cementing his role as a key player in the convergence of global sport and media.

The possibility of PSG branching into basketball or other sports formats reflects QSI’s multi-asset approach, aiming to emulate U.S. sports ownership models with diversified holdings across leagues and disciplines.

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Central Coast Mariners Women secure future under Holman Barnes Group

The future of the Central Coast Mariners Women has been secured after the Holman Barnes Group (HBG) reached an agreement to become the new operator of the club’s A-League Women program. The deal ends uncertainty surrounding the team’s participation in the 2026/27 season.

The agreement between HBG, the Australian Professional Leagues (APL) and Total Soccer Growth Holdings (TSG) ensures the Mariners will remain in the Ninja A-League Women competition. It also introduces a new operating model designed to provide long-term stability.

The uncertainty emerged following TSG’s acquisition of the Central Coast Mariners’ men’s side and academy in June. The women’s program was excluded from the original takeover. TSG already owns English football side Queens Park Rangers (QPR) and MLS club Los Angeles FC. The omission placed the future of the 2025 A-League Women champions in doubt. It also prompted the APL to seek a sustainable solution ahead of the new campaign.

A new operating model

Under the new arrangement, HBG will oversee all operational aspects of the women’s team. This includes the football program, staffing and day-to-day management. TSG will retain the club licence and continue overseeing the men’s program and academy. It will also support the women’s operation through its broader football network.

The agreement represents an innovative partnership between the three organisations. It has been designed to strengthen the long-term sustainability of professional women’s football on the Central Coast. HBG’s plans extend beyond the senior team. They include a strong focus on developing participation pathways and creating greater opportunities for female footballers throughout New South Wales.

Attention turns to the new season

The transition comes at a crucial time with preparations for the 2026/27 Ninja A-League Women season underway ahead of its October 16 start. The new operators are expected to begin managing the program immediately. This remains subject to the completion of the remaining regulatory processes. The team currently has no sponsors and games are expected to be moved away from Central Coast Stadium.

The A-League had previously set a July 31 deadline for new owners to be found to secure a place in the upcoming competition. With that now achieved, HBG will be on the clock to ensure the season begins without disruption and becomes a commercial success.

For the Central Coast Mariners Women, the agreement delivers certainty after a turbulent off-season. It also allows the club to shift its attention to the 2026/27 campaign and the team’s on-field performance.

South Melbourne’s Australia Cup triumph reignites promotion and relegation debate

South Melbourne FC’s dramatic 2-1 victory over Adelaide United in the Hahn Australia Cup Round of 32 has reignited debate around promotion and relegation in Australian football, with Co-President Bill Papastergiadis stating the result is further proof that ambitious National Premier Leagues clubs deserve a pathway to the top tier.

The Victorian powerhouse produced one of the competition’s biggest upsets at Lakeside Stadium, overturning an early deficit to eliminate the Isuzu UTE A-League side and secure a place in the Round of 16.

While the result was celebrated as another example of the magic of the Australia Cup, Papastergiadis believes the victory carries a much broader message about the strength that exists outside Australia’s professional league.

Speaking following the win, Papastergiadis said South Melbourne’s performance demonstrated why the Australian football landscape should move towards a connected pyramid featuring promotion and relegation.

“The result was South Melbourne FC’s revenge 22 years in the making,” Papastergiadis said.

“It also demonstrates that clubs in the National Premier Leagues have the quality, professionalism and ambition to compete with A-League opposition when given the opportunity.”

For years, South Melbourne has been one of the strongest advocates for structural reform within Australian football, consistently calling for an open pyramid that rewards sporting merit rather than maintaining a closed league system.

Papastergiadis argued that Australia Cup fixtures continue to showcase the depth of talent throughout the domestic game, with NPL clubs regularly proving they can challenge and defeat professional opponents despite operating with significantly fewer resources.

He believes these performances should not simply be viewed as isolated “cupsets”, but as evidence that Australia’s football ecosystem is ready to embrace a promotion and relegation model that provides ambitious clubs with a genuine pathway to the top flight.

The result against Adelaide United adds another significant chapter to South Melbourne’s storied history. One of Australia’s most successful clubs, South Melbourne has long maintained aspirations of returning to the national stage, backed by a passionate supporter base, strong infrastructure and a proud footballing tradition.

For Papastergiadis, victories such as Thursday night’s reinforce the argument that clubs should earn opportunities through performances on the pitch.

“The Australia Cup continues to show what’s possible when clubs from different levels of the football pyramid compete against one another,” he said.

“Our football should be built on opportunity and merit. Clubs that perform consistently and invest in their communities should have the chance to progress to the highest level.”

South Melbourne will now turn its attention to the Round of 16, where it will look to continue its impressive cup run.

Beyond the result itself, however, the victory has once again fuelled discussion around the future of Australia’s football structure and whether the growing strength of clubs outside the A-League should accelerate the push towards a fully connected national competition.

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