Wales Netball secures investment in Dragons ahead of new season
Yahoo Sports • 1 min read • Latest: Jun 18, 2026, 11:58 AM
Last updated Jun 18, 2026
Wales Netball announced new investment from Machroes Holdings Limited, acquiring a 40% share in the Dragons. The governing body maintains majority control with a 60% stake. This investment is part of the Ymladd 2030 strategy aimed at growing netball across Wales. The Dragons finished fifth in the Netball Super League, their best position since 2014. Wales Netball expressed optimism for the upcoming season with this financial support, which does not affect the team's naming rights. Machroes Holdings will lend expertise to further develop the club's ambitions.
- •Machroes Holdings acquires 40% of Dragons' shares.
- •Wales Netball retains 60% ownership.
- •Investment supports Ymladd 2030 development strategy.
- •Dragons finished fifth in the Netball Super League.
- •Team continues as LexisNexis Dragons in 2027.
- 11:58 AMYahoo Sports — Wales Netball secures fresh investment for Dragons
"A Welsh investment company takes a 40% shareholding in Dragons but Wales Netball retains overall ownership and control of the Netball Super League team.
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