Jack Bendat on the brink of selling Perth Wildcats to company headed by part-owner of rival side

  • 📰 abcnews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 83%

Business News News

Business Business Latest News,Business Business Headlines

Sports Entertainment Group confirms to the ASX that it is in 'advanced exclusive negotiations' to purchase the Wildcats from Perth businessman Jack Bendat, who has owned the club since 2017.

The Perth Wildcats are on the brink of being sold to a sports and media company headed up by a part-owner of fellow NBL side Melbourne United, the team the West Australian side is currently battling for the league's title.

The remarkable development comes as Perth and Melbourne face each other in the NBL's Grand Final, with United leading the best-of-five series 2-0 and needing just one more win to clinch the title."SEG has expressed its interest in a potential acquisition of the Perth Wildcats," the company confirmed to the ASX.

In the 14 years Mr Bendat has owned the club, he has overseen the most successful period in the club's already illustrious history.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines