Russell Crowe has denied reports suggesting he will sell his stake in the South Sydney Rabbitohs.

Crowe purchased a 25 per cent stake in the NRL club for $3 million in 2006.

James Packer, Mike Canon-Brookes and Rabbitohs members own the other three quarters of the club.
Russell Crowe has described suggestions he is looking to sell out of NRL club South Sydney as “bulls**t”.

Reports emerged on Monday the Hollywood actor was in the market to sell his 25 per cent stake in the Rabbitohs, who he bought with businessman Peter Holmes à Court for $3 million in 2006.

But in a statement provided to AAP, Crowe advised journalists to make the most of the Australian weather rather than concern themselves with his business dealings.

“Just tell them all it’s bulls***, and advise them to enjoy the summer sun,” Crowe said.

Burgess appeared on Fox’s Matty Johns Show on Sunday night where he was asked point blank about the reasons behind his exit.

“I don’t really want to go back into the detail of it all,” Burgess said. “I went in that morning to do the best thing for the club and for the team in that moment.

“I thought being there and the distraction that was around, I made what I thought the best decision was for the team at that time to get away from there.

“A few things had gone on behind closed doors so I thought it’s just best to leave it there and move on.”