Craig Hutchison-led Sports Entertainment Group has signed an agreement with MT Arena Capital Investment to accelerate the remaining staged sale of the Perth Wildcats.
Perth Wildcats owner Mark Arena says the state will one day need a standalone hardcourt sport facility, as his team shapes up to be blocked from RAC Arena despite being its anchor tenant.
Perth Wildcats owner Mark Arena has revealed Wildcats players routinely train at high schools on weekends – along with confirming he contemplated buying Perth Glory.
Tech entrepreneur Mark Arena has signed a $40 million deal to purchase the Perth Wildcats from Craig Hutchison's ASX-listed Sports Entertainment Group.
The likely new owner of the Perth Wildcats is an Edith Cowan University graduate who started his working life at Telstra before building a global tech success story.
Craig Hutchison-backed Sports Entertainment Group has revealed it has received a non-binding indicative offer from MT Arena Capital Investment to acquire the Perth Wildcats.