Perth Wildcats may have missed the playoffs for the first time in 36 years, but that didn't stop the league's most successful franchise from booking a profit of $750,000 for the financial year.
I've been itching to take a good look under the bonnet of the Perth Wildcats operation ever since sharemarket-listed Sports Entertainment Group bought the NBL's most successful franchise from the late Jack Bendat for $8.5 million last year.
Jack Bendat arrived in Perth 56 years ago with little money and no connections. He proceeded to carve a business career that made him one of WA's most successful entrepreneurs.
The sale of the Perth Wildcats could be the final big deal for Jack Bendat, who is both a renowned philanthropist and one of the toughest business operators WA has seen.
Sydney-based Sports Entertainment Group has confirmed its plans to purchase the Perth Wildcats from Jack Bendat, who has owned the basketball team since 2007.
West Australian Ballet launched a new endowment fund at Government House last night, with two separate donations from Jack Bendat and Alexandra Burt's foundations totalling $4.1 million.
Kerry Stokes is one of Australia's wealthiest and most private business leaders, but that has changed with the release of two biographies in two years. However conspicuous gaps in what we know about his deals and erstwhile partners remain.
THE global financial crisis was a tough time for most businesses, none more so than sporting clubs that discovered the risks of choosing the wrong sponsor.