Ryan Reynolds and Rob McElhenny explore cricket venture in Wales
- Ryan Reynolds and Rob McElhenny are exploring a stake in the Welsh Fire cricket franchise.
- The ECB is seeking private investment in the Hundred competition, with Welsh Fire expected to be the cheapest franchise at £30 million.
- Dan Cherry, chief executive of Welsh Fire, acknowledged the interest from Reynolds and McElhenny, indicating it could be an exciting opportunity.
Ryan Reynolds and Rob McElhenny, co-owners of Wrexham AFC, are reportedly exploring a potential investment in Welsh cricket by considering a stake in the Cardiff-based Hundred franchise, Welsh Fire. This interest comes as the England and Wales Cricket Board (ECB) initiated a process for private investment in the Hundred competition, overseen by the American investment bank Raine. Glamorgan, the county cricket club, currently holds a controlling 51% stake in Welsh Fire, with the remaining 49% available for private investors. Glamorgan's ground at Sophia Gardens, while hosting international matches, is the smallest venue among the eight in the Hundred. Reports suggest that Welsh Fire is expected to be the most affordable franchise, with an estimated value of £30 million. The ECB's move to attract private investment aims to enhance the financial viability and competitiveness of the Hundred. Dan Cherry, the chief executive of Welsh Fire, confirmed that contact has been made with Reynolds and McElhenny regarding a potential stake. He noted that while no substantial offers have been received yet, their involvement would be considered in the ongoing evaluation of bids. The interest in Reynolds and McElhenny stems from their successful ownership of Wrexham, which has garnered significant attention and support beyond North Wales. The potential investment by the Hollywood duo could bring a fresh perspective and increased visibility to Welsh cricket, similar to the impact they have had on football in the region. As discussions progress, the outcome remains uncertain, but the prospect of their involvement is seen as an exciting opportunity for Welsh Fire and the broader cricket community.