Wales Netball has secured a major new investment for its professional club, Dragons.
Machroes Holdings Limited has taken a 40% shareholding in the club which competes in the Netball Super League (NSL).
The governing body remains the majority shareholder, retaining a 60% stake with overall ownership and control, but Wales Netball says it welcomes “fresh investment, expertise and ambition”.
The investment comes as part of Wales Netball’s Ymladd 2030 strategy to develop the game in Wales from grassroots to elite level.
“This is a landmark moment for netball in Wales,” said Wales Netball chief executive Sarah Boswell.
“Securing this investment is a powerful endorsement of the work that has gone on behind the scenes to put our sport on a sustainable footing, and it gives the Dragons the stability and ambition to compete at the very highest level.”
Dragons finished fifth in NSL in 2026, their highest position since 2014.
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“Wales Netball retains majority ownership and control of the club, and this partnership allows us to accelerate everything we set out to achieve through Ymladd 2030 – from the grassroots game right through to the international stage,” Boswell added.
“I am very excited to build on the Dragons’ performance this season with this fantastic support from Machroes Holdings Limited and look forward to seeing the team continue to perform at the highest level.”
Machroes is a privately owned investment company which takes its name from a beach on the Llyn Peninsula in north Wales.
“We are proud to be investing in the Dragons and in the future of women’s sport in Wales,” said Machroes Holdings Limited chief executive Thomas Davies.
“The ambition, talent and momentum at Wales Netball and the club are clear to see, and I have great confidence in the leadership and the vision being built through Ymladd 2030.”
The new investment does not affect the NSL side’s naming sponsorship.
The team, who played one home game in Liverpool in the past season as well as six in Cardiff, will continue to be known as LexisNexis Dragons in 2027.
