Billionaire tech guru Mike Cannon-Brookes has joined Russell Crowe and James Packer as a co-owner of the Rabbitohs after buying a stake in the NRL club.
Cannon-Brookes, the Atlassian co-founder and first Australian to become a minority stakeholder in an NBA franchise (the Utah Jazz), will own 25 per cent of South Sydney.
Crowe and Packer have reduced their stakes to 25 per cent each. The South Sydney members own the remaining quarter.
“I’m excited and humbled to be a part of this iconic club,” Cannon-Brookes said. “The South Sydney Rabbitohs are special. Not only are we the oldest, loudest and proudest – we are an organisation people truly, deeply care about.
“I’m looking forward to partnering with Russell and James and bringing what I can to the table to help the club grow to even greater heights.”
Cannon-Brookes and Crowe bonded over their climate change crusade during the bushfire crisis and have held top-level talks for more than a year over the tech guru buying into the Rabbitohs.
Tech guru Mike Cannon-Brookes has bought a stake in South Sydney.
Cannon-Brookes and his wife Annie have pledged $1.5 billion to limit the earth’s warming to 1.5 degrees by 2030.
“I’m sure it hasn’t gone unnoticed to South Sydney members and supporters that Mike wears a white Rabbitohs hat for special occasions,” Crowe said.
‘Humbled’ tech billionaire Cannon-Brookes buys stake in Rabbitohs
Source: Philippines Alive
