Nick Politis

Nicholas George Politis
AM
Born c. 1942
Kythira, Greece
Residence Sydney, Australia
Nationality Australian
Other names The Godfather, Uncle Nick
Occupation
  • Chairman and Director of the Sydney Roosters
  • Chairman of AP Eagers
  • Executive Chairman of WFM Motors
  • Member of Motor Traders’ Association of NSW
Years active c. 1974–present
Known for First “sponsor” in rugby league
Net worth AUD$594 million
Title AM
Awards
  • Greek-Australian Sports Hall of Fame

Nick Politis AM (born Nicholas George Politis[1] in 1942) is an Australian businessman and Chairman of Sydney-based NRL team the Sydney Roosters.

Business interests

Politis ran and expanded WFM Motors Pty Ltd from March 1974, rebranding its marketing name as "City Ford" and transforming it into one of the largest Ford dealerships in Australia.[2] The business has been sponsors of the Roosters since 1976, when the club set a new precedent of having major sponsors' names appearing on their jerseys - making Politis the first sponsor in rugby league.[3] As controlling shareholder of Australian Health Care Ltd., he was responsible for its failed sorties into the Australian hospital market, including the celebrated LaTrobe Regional Hospital fiasco, where tens of millions were lost in disastrous contract management.[4]

In March 2014, Politis' NGP Investments (No.2) purchased Barloworld's Australian car sales business for A$130 million.[5]

In 2016, Politis sold the site of his Thomson Ford business to property developer Dyldham for an estimated A$70 million.[6]

According to BRW magazine, his wealth as of 2010 was estimated at $182 million.[7] However, as of 2013, it was estimated at more than $200 million, with business turn-over of $4 billion annually. The following year in 2014, BRW released its annual Rich 200 list which listed Politis's wealth at $410 million.[8] In 2016, Politis's wealth was listed at $594 million, thus becoming the 86th wealthiest Australian.[9]

Sydney Roosters

Since 1993 Politis has been the Chairman of the Sydney Roosters' Board of Directors. After the Roosters won the 2002 NRL Grand Final, he joined the players in getting a premiership logo tattooed on his arm.[10] He has been described as being ranked "among the most powerful, influential and ruthless figures in rugby league for almost 40 years" and "affectionately known as 'The Godfather' or 'Uncle Nick'".[11]

He was responsible for getting Sonny Bill Williams to return to rugby league with the Rooster after his 5-year ban from the NRL, for walking-out on the Bulldogs mid-season in 2008, expired in 2013. Politis reportedly made a handshake agreement with Williams to this effect years prior.[12] According to prominent player agent, Sam Ayoub, "there’s no doubt Sonny would not have returned to the NRL if not for Nick Politis."[13] That year, the Roosters achieved the trifecta of winning the minor premiership, NRL premiership and World Club Challenge.

Personal life

His father was a vet in his homeland of Greece, before moving to Australia.[14] Politis is a member of the Greek-Australian Sports Hall of Fame. In 2014, Politis was appointed a Member of the Order of Australia (AM).[15]

References

  1. ↑ Poulos, George. "Nicholas (Nick) George Politis". kythera-family.net. Kytherian Association of Australia & James Prineas. Retrieved 27 April 2016.
  2. ↑ "City Ford History". web.archive.org. The Internet Archive. Archived from the original on 4 October 2013. Retrieved 27 June 2014.
  3. ↑ Crawley, Paul. "Sydney Roosters supremo Nick Politis' plan to keep Sonny Bill Williams in Bondi". perthnow.com.au. News Corp Australia. Retrieved 27 June 2014.
  4. ↑ Wynne, Michael. "The LaTrobe Privatisation, Revelations of secret owner when FOI documents released". University of Wollongong. Retrieved 26 December 2016., Car Yard King Behind Hospital The Age June 1, 1999
  5. ↑ "JWS acts for Barloworld in Australian disposal". Johnson Winter & Slattery. Retrieved 26 December 2016.
  6. ↑ McClymont, Kate (16 October 2016). "Parramatta Eels, Tax Office and widow chase property developer Dyldam". Goulborn Post. Fairfax Media. Retrieved 26 December 2016.
  7. ↑ Proszenko, Adrian. "'I sit back, watch. You learn more that way'". smh.com.au. Fairfax Media. Retrieved 27 June 2014.
  8. ↑ "BRW Rich 200 list 2014: 117. Nick Politis". afr.com. Fairfax Media. Retrieved 27 June 2014.
  9. ↑ Stensholt, John. "BRW Rich 200 List 2015". afr.com. Fairfax Media. Retrieved 27 April 2016.
  10. ↑ Proszenko, Adrian. "'I sit back, watch. You learn more that way'". smh.com.au. Fairfax Media. Retrieved 27 June 2014.
  11. ↑ Hooper, James. "How Sydney Roosters Godfather Nick Politis has turned the club around". perthnow.com.au. News Corp Australia. Retrieved 27 June 2014.
  12. ↑ Pandaram, Jamie. "Sonny Bill Williams regrets agreement to return to NRL". dailytelegraph.com.au. News Corp Australia. Retrieved 27 June 2014.
  13. ↑ Cleary, Matt. "Sydney Roosters’ Challenge". insidesport.com.au. nextmedia. Retrieved 27 June 2014.
  14. ↑ Proszenko, Adrian. "'I sit back, watch. You learn more that way'". smh.com.au. Fairfax Media. Retrieved 27 June 2014.
  15. ↑ "Nick Politis, Phil Gould, Ray Warren given Queen's Birthday Honours". smh.com.au. Fairfax Media. Retrieved 27 April 2016.

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