Russell Crowe to sell stake in Australian rugby club

Russell Crowe says that he will sell his stake in the South Sydney Rabbitohs because of the recent change in his family situation.

Australian actor Russell Crowe has decided to sell his stake in the South Sydney Rabbitohs to "simplify" his life.

The 48-year-old, who recently separated from his wife Danielle Spencer and is now facing an expensive divorce settlement, says that he will sell his 37.5% share in the Australian rugby league club by the end of next year.

"My family situation has changed," Crowe wrote in an email aired on the Nine Network. "I have to address personally how busy I have made my life outside of my actual job.

"It doesn't change anything at the club level. I will always be a South Sydney supporter and member, as I have been, man and boy, South Sydney 'til I die.

"If I have any chance of keeping my family together, I have to simplify my life where I can."

The Rabbitohs are the most successful team in Australian rugby league with 20 premiership titles.

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