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Billionaire Roosters Boss Nick Politis Buys Iconic Caxton Hotel in $50 Million Deal

by steveloxi
November 1, 2025
0

Billionaire businessman and Sydney Roosters chairman Nick Politis has ignited what’s being dubbed a “rugby league pub war,” purchasing Brisbane’s legendary Caxton Hotel for an estimated $50 million.

The Caxton — a landmark watering hole on Caxton Street and a traditional gathering point for fans heading to Suncorp Stadium — has been synonymous with Queensland rugby league culture for decades. Now, its ownership sits in the hands of one of the NRL’s most influential powerbrokers.

Billionaire Roosters boss Nick Politis buys iconic Caxton Hotel

The move is particularly spicy because the Caxton sits just metres away from The Beetson, a hotel owned by the National Rugby League. The proximity has sparked headlines suggesting an off-field turf war between one of the NRL’s most powerful club figures and the league itself.

Politis, chairman of the Sydney Roosters and one of Australia’s richest individuals, is well known for aggressive investment strategies across both rugby league and property. His purchase of the Caxton signals a further expansion into hospitality — and places him squarely in the heart of Brisbane’s game-day battleground.

The Caxton Hotel is more than just a pub; it’s an institution. On State of Origin nights and major events, thousands of fans pour through its doors, making it a commercial goldmine and a cultural icon. Pub ownership in this stretch of Caxton Street means influence, foot traffic, brand power — and the potential to control a major slice of Queensland’s rugby-league social economy.

Politis has not publicly commented on whether he plans any immediate renovations or rebranding, but industry watchers say the acquisition could alter Brisbane’s hospitality landscape and intensify competition during major events.

With the Roosters heavyweight now owning one side of the street — and the NRL owning the other — rugby league’s fiercest battles may not be confined to the field.

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