Sydney Roosters chairman and Rich Lister Nick Politis has backed a $77 million all-cash takeover bid for ASX-listed pub and shopping centre owner Eumundi Group, headed by prominent Brisbane lawyer and veteran hospitality investor Joe Ganim.

Eumundi is the landlord for the well-known Plough Inn on Brisbane’s South Bank. It also owns and operates the Ashmore Tavern on the Gold Coast, the Aspley Central Tavern in Brisbane’s northern suburbs and the Quench Liquor chain.