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.