The 76-year-old played 118 appearances for Rabbitohs as a player, coached the club for free, and as it was on the verge of disappearing from the sporting landscape, he mortgaged his house and offered a $ 3.2 million loan, interest-free.
Blackcourt League Investments Pty Limited, which is owned in equal parts by Crowe and billionaire James Packer, has a 75 percent stake in Rabbitohs.
South Sydney Members Rugby League Football Club owns the remaining 25 per cent. Packer bought Peter Holmes a court-wide 37.5 percent stake in the club in 2014.
In 2009, Piggins filed a defamation suit against News Ltd and Holmes in court following an article in The Sunday Telegraph.
“I can say that I have been justified, even though the terms of the settlement are confidential,” Piggins said at the time.
The apology to Crowe was made after lawyers for the actor and businessman, lawyer Sue Chrysanthou, SC and Sydney lawyer Bill Kalantzis, issued a statement of concern. The newspaper offered to correct on its way to a defamatory lawsuit.
Mrs Chrysanthou also acted in recent times for Green’s Senator Sarah Hanson-Young against Sky News.
The television paid $ 40,000 plus legal fees to prevent Senator Sarah Hanson-Young from bringing a defamation suit against it after it mistakenly sent allegations that she involved her young niece in a dangerous environmental protest. Neither the senator nor her niece participated in the protest.
with Adrian Proszenko