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Kevin Durant Joins the Philadelphia Union As Investor and Community Partner
Philadelphia Union today announced that Kevin Durant has joined the Union ownership group as an investor and community partner. Durant has purchased a 5% ownership stake in the club, with the option to purchase an additional 5% in the near future.
The deal also features a unique and expanded partnership with Durant and sports business executive Rich Kleiman’s Thirty Five Ventures that will focus on growing the Union footprint in the sports world, working closely with the Union on marketing opportunities, and expanding the Union’s community outreach in conjunction with the Kevin Durant Charity Foundation (KDCF).
“I’m excited to partner with the Philadelphia Union for years to come. My team and I connected instantly with the Union coaching staff and leadership, as well as the team’s story,” said Kevin Durant. “Off the pitch, I’m looking forward to working in the Chester and Philadelphia communities and making an impact in the same way that the KDCF has been able to in my hometown of Prince George’s County.”
