The South Sydney Rabbitohs (often shortened to Souths) are an Australian professional rugby league football team based in Redfern, a suburb of south-central Sydney,New South Wales. They participate in the National Rugby League (NRL) premiership and are one of nine existing teams from the state capital. The club was formed in 1908 as one of the founding members of the New South Wales Rugby Football League, making them one of Australia's oldest rugby league teams. They are one of only two foundation clubs still present in the NRL, the other being the Sydney Roosters. The South Sydney District Rugby League Football Club is currently a subsidiary company owned by Blackcourt League Investments Pty Ltd which is, in turn, owned by the actor Russell Crowe and entrepreneur Peter Holmes a Court.