Ryan Reynolds and Rob McElhenney, the Hollywood actors renowned for their ownership of Wrexham AFC, are reportedly in discussions with Glamorgan about acquiring a stake in Welsh Fire, the Cardiff-based team competing in The Hundred. This potential investment marks another significant step for the duo as they look to expand their influence in Welsh sports.
A New Venture in Welsh Sports
Since taking over Wrexham AFC in November 2020, Reynolds and McElhenney have successfully guided the club through back-to-back promotions, elevating them to the third tier of English football. Their success has garnered widespread attention, particularly from American audiences, thanks to the popular documentary series “Welcome to Wrexham.” Now, the pair appears eager to replicate that success in cricket by investing in Welsh Fire.
The England and Wales Cricket Board (ECB) recently initiated a process to secure private investments across The Hundred franchises, with Reynolds and McElhenney among those expressing interest. The ECB is expected to sell a 49% stake in each of the eight teams, with Welsh Fire estimated to be valued at around £30 million—making it one of the more affordable franchises.
Glamorgan’s Strategic Position
Glamorgan, which owns Welsh Fire, has engaged with various interested parties over recent months. Dan Cherry, the club’s chief executive, confirmed that contact has been made with Reynolds and McElhenney. He described their interest as “an exciting proposition,” noting that while no substantial offers have been received yet, discussions are ongoing.
Cherry stated, “There’s obvious interest in what Ryan Reynolds and the guys have done at Wrexham… If they’re interested in talking to us, obviously it’s an exciting proposition.” His comments reflect a growing enthusiasm around the potential partnership and what it could mean for both Glamorgan and Welsh Fire.
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The Appeal of Welsh Fire
Welsh Fire’s relatively low valuation compared to other franchises makes it an attractive investment opportunity. With a salary cap in place and revenue primarily derived from an even split of central broadcast money, Cherry believes that investing in Welsh Fire represents a unique chance to engage with a passionate fan base while promoting Welsh heritage.
“We just see the great opportunity here to be part of a nation,” Cherry added. “You’d be representing Wales: Cardiff is a fast-growing city with major events happening here all the time.” This sentiment underscores Glamorgan’s commitment to maintaining its Welsh identity while seeking external investment.
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