NBA star Kevin Durant buys minority stake in Champions League franchise

PARIS — NBA star Kevin Durant has purchased a minority stake in Champions League winner Paris Saint-Germain, the French club said Friday. Qatar Sports Investments, PSG’s majority shareholder, signed an investment and strategic partnership agreement with Durant, the club said in a statement. Financial terms of the deal were not disclosed. “Under the terms of the partnership, Durant — via his media and investment company Boardroom, co-founded with long-time business partner Rich Kleiman — will acquire a direct minority stake in the club,” PSG’s statement said. The 36-year-old Phoenix Suns...