Perth Wildcats Welcome New Owner Mark Arena
The Perth Wildcats have entered a new chapter in their storied history with Mark Arena acquiring a 52.5% majority stake in the club for $21 million. The deal sees Arena, CEO of global cybersecurity firm Anomali and a lifelong Wildcats fan, plans to further expand his ownership in the coming years.
Arena’s background in both business and tech is expected to influence the club’s approach to innovation and growth. As part of his vision the club hopes to create greater fan experiences through enhanced digital engagement, and showcasing both the team and the city of Perth on a global stage.
Sports Entertainment Group (SEG) remains a minority shareholder, continuing its involvement alongside its other sporting properties, including the Bendigo Spirit, Melbourne Maverick and Otago Nuggets.
Stay ahead of the latest sports business trends by subscribing to our free Ministry of Sport newsletter. Unlock even more insights with our exclusive membership plans today!
Similar Stories
Charlie Methven joins Board at Global Institute of Sport
The Global Institute of Sport (GIS) has announced the appointment of Charlie Methven...
Red Bull Italy SailGP Team Announce Star-studded Ownership Group
The Red Bull Italy SailGP Team has announced a change in leadership, following...
Pierre Ducrey appointed new IOC Sports Director
The International Olympic Committee (IOC) has appointed Swiss national Mr. Pierre Ducrey as...
It's free to join the team!
Join the most engaged community in the Sports Business World.
Get all the latest news, insights, data, education and event updates.
Our Members & Partners