Russell Crowe Denies Plans to Sell NRL Stake
Russell Crowe Denies Plans to Sell NRL Stake

Russell Crowe Denies Plans to Sell NRL Stake

News summary

Russell Crowe has dismissed reports suggesting he plans to sell his 25% stake in the South Sydney Rabbitohs as 'bulls***', urging journalists to focus on enjoying the Australian summer instead. Despite speculation from multiple sources about potential investors, including an American party, Crowe remains committed to the club he helped revive after purchasing it for $3 million in 2006. The value of his stake is estimated between $15-20 million, reflecting the club's historical significance and Crowe's influence in its resurgence. South Sydney recently finished the 2024 season in last place, prompting the return of Wayne Bennett as head coach. Crowe's long-standing relationship with the club, including his support for players like the Burgess brothers, highlights his passion for the Rabbitohs. The club's ownership structure includes Crowe, James Packer, Mike Cannon-Brookes, and Rabbitohs members, with uncertainty surrounding Packer's potential buyout if Crowe decides to sell.

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Last Updated
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