News Corp. has announced it will invest $10 million in the Roostertown club.
The $5 million is part of a $100 million investment to revive the club in a way that will give it a “fresh start” after an 18-year wait.
The Roosterns will build a new training ground, move into the home of one of the greatest footballers of all time and become one of NSW’s biggest sporting organisations.
The club will also establish a youth development programme and have an NRL stadium built.
News Corp. chief executive officer Rupert Murdoch has long championed the Rooster’s cause and was keen to return the club to glory.
“Nathan is a great man, who has played at all levels of the game and will continue to do so, with his passion and hard work for the club and for Sydney,” Murdoch said.
“We are delighted to have him join us at Roostermanland.
Nathan is a very good man and I am confident he will be a great asset to the club.
He will add tremendous value to our group.”
The Roostery was one of two NSW clubs to win the NRL premiership, the other being the Western Bulldogs, which has moved into its new home in Newcastle.
A club spokesman said the Roasters were a club of “excellent standards and the Roop family” and that it was a “great place to live”.
The club said the move would allow the club’s management to concentrate on football and other sports while ensuring the club continued to attract and retain its best players and coaches.
Roosters chief executive Brett Stewart said the new stadium and training ground would be the best in the country.
Nathan Friend was born in Sydney and became a Roosterer in 1982, but his career took a turn for the worse when he was ruled out of the NRL due to injury.
Friend had been contracted to the Bulldogs but his contract was terminated when they folded in 2013, with the club taking a 20 per cent equity stake in the club for the first time in history.
He went on to play for Wests Tigers and the Bulldogs, with whom he was awarded the Club of the Year in 2009, the Roosevelt, and the Rabbitohs.
In 2017, the Rabbitays announced he would be retiring at the end of the season, but he returned for the Roos, scoring four tries in the grand final against Manly.
His former club also released a statement, saying he was proud to have played in the NSW Cup and said it was sad to see him go.
Rabbitohs coach Trent Robinson said he was delighted to welcome Nathan to the Roorentown club and the move was an important step forward.
“Nathaniel has been a key member of the Rabbitos team for many years and he will add much to our club’s profile,” Robinson said.
Robinson said the club was looking forward to Nathan’s contribution.
“He’s been part of the Roofers family for over 20 years and we are excited to welcome him to Roostercounts as we prepare for the 2018 season,” he said.
Roosterties coach Mark Jamar said Nathan was a great representative of the club, which would continue to be a club that would play footy, live it up and take on the competition with passion.
It was an exciting time to be at the club as we aim to be one of NRL’s biggest clubs.
“It’s going to be really great to see Nathan and his family in the community and to support our football club.
We want to bring a fresh new look to the sport in Sydney.”
Roostercourt’s chief executive Greg Tuck said the partnership would allow Roosterville to “build upon the foundation we’ve already established”.
“Nate is an important part of our club, with many of his players now playing in other clubs, and we will continue the strong foundation we have built,” Tuck added.
Roosterland’s stadium will be the first new stadium built in Sydney since the $400 million Northsby Oval, which opened in 2016. “
Nathan will be instrumental in building the Rooters to a new level and I know he will enjoy being part of it.”
Roosterland’s stadium will be the first new stadium built in Sydney since the $400 million Northsby Oval, which opened in 2016.
Follow the Roo’s development at roosters.com.au.