Hollywood legend Russell Crowe denies considering selling stake in South Sydney
Updated . First published at
Hollywood legend Russell Crowe has denied he is considering selling his stake in NRL club South Sydney.
The Sydney Morning Herald and News Corp report Crowe has been quietly seeking interest from potential investors in America and Australia.
Crowe, 60 years old and an Academy Award winner, owns 25 per cent of the Rabbitohs and is one of the most powerful figures at the club.
READ MORE: Video leaked of Olympic medallist's violent arrest
READ MORE: F1 star's dad rescued by teammate after wild flip
READ MORE: Indian legend 'perplexed' after shock trophy snub
But he could offload his share and effectively sell out of the Bunnies if he can find a buyer.
The man himself told AAP the story is untrue.
South Sydney owner Russell Crowe after the 2014 NRL grand final. Getty
"Just tell them all it's bullshit, and advise them to enjoy the summer sun," Crowe said.
He later posted to X to double down on the criticism of the story.
The Herald says South Sydney powerbrokers have been aware of Crowe's movements for several months but the club has not commented on the situation.
Crowe, along with Peter Holmes a Court, purchased the Rabbitohs in 2006 for $3 million.
Estimates claim he could now sell his 25 per cent stake for up to seven times that amount.
Crowe considered selling his then-37.5 per cent share in 2012 before opting to remain in the business. The Rabbitohs then won the NRL premiership in 2014.
Australian billionaires Mike Cannon-Brookes and James Packer are now the other majority shareholders of the club.
The Rabbitohs are a foundation rugby league club who spent three years out of the NRL at the turn of the century.
The team has struggled for form in recent seasons but supercoach Wayne Bennett is back at the helm in 2025.
