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David Beckham and Gary Neville ended their control by Salford City, reports.
The former stars of Manchester United were already owners of the League two team with a number of their former team comrades and “92 class” stars.
However, the sporting affirmation that Neville and Beckham – as part of a new consortium – bought other shareholders after collecting $ 15 to 20 million to invest.
The former stars of the United Nicky Butt, Ryan Giggs, Phil Neville and Paul Scholes are no longer shareholders of the club, but will assume different roles at the club.
Addressing the point of sale, Beckham said: “I will be on each big decision made and each small decision taken.
“This is what my commitment is in Gary. This is what my commitment is to the club.
“We certainly do not do it to laugh and it is not for the romantic side of things,” continued Beckham. “Yes, we care about the club – but we do it to win. We want Salford to succeed and we were successful, but we then want it to go to the next level.
“I always dream big so I’m going to always want us to get to the top of football and that we are in the Premier League. But there is a lot of hard work and a lot of investments to do until this moment.
“The championship is a league in which we want to enter, but it is step by step. We want to succeed very quickly, but these things take time.
“There is a reason why we are not going to go up this year. So what is this reason? How to solve it? And what should we place around the team, the manager and the club to make sure that we have this success?
“But if we can do it, forward and doing it quickly and being in the championship, that’s what the dream would be.”
Beckham and Neville have teamed up with Declan Kelly, founder of the American advisory office Consello, and Lord Mervyn Davies, president of the Lawn Tennis Association, to move forward with the takeover.
The 1992 class entered this world with great confidence when they bought Salford City in 2014 and took the northern club from the first northern League to League two – a rise of four divisions – in five years.
When they reached League two, Paul Scholes relieved ambition. “I know it’s a long way, but the target must be in the Premier League at some point.”
The club has been in the same division since and, to do it slightly, is struggling in a way of Gary Neville and Ryan Giggs would not have imagined during the first development of this plan on a train in 2012, at a time when Giggs was considering retirement.
He looked pink for a while, with six millionaires – the brothers of Neville, Scholes, David Beckham and Nicky Butt – and a billionaire from the Singaporean magnate Peter Lim, the project bank which continued to propel things.
But, piece by piece, the landscape changed, as the email sport revealed in October. The club was looking for new investments and seemed to need it.
After Lim’s departure in 2024, Beckham and Neville were looking for investment opportunities.
More to follow …
