David Beckham and Gary Neville complete Salford City takeover
The former Manchester United players are leading a consortium, together with US-based businessman Declan Kelly and Lord Mervyn Davies
Former Manchester United stars David Beckham and Gary Neville have completed a consortium-led takeover of Salford City.
The club has been acquired by a new ownership, which includes the two players and US-based businessman Declan Kelly and Lord Mervyn Davies.
Both Kelly and Lord Davies will sever as co-chairs of the board.
Former United players Phil Neville, Phil Scholes. Nicky Butt and Ryan Giggs are now no longer shareholders in the club.
The club achieved four back-to-back promotions in five seasons under the Class of 92 ownership, following a revival in 2014.
Gary Neville said: “I am passionate about Salford City. This is a unique partnership with a diverse range of minds and expertise, held together by a love of football.
"Football will come first, however it’s critical that we drive the Club towards sustainability in the next 4-5 years.
"I can’t wait for the next part of this journey.”
David Beckham said: “I grew up in Salford... I have such fond memories of my time living there and the place and its people played such an important part in my early life in football.
"Salford City is at the heart of its community... it has a rich history and I am delighted to be a part of the next chapter.”
Declan Kelly and Mervyn Davies said in a joint statement: “We have been close friends and partners for more than a decade and we look forward to partnering with David, Gary, this phenomenal new ownership group, the Class of ’92 and everyone at SCFC to take this project to the next level and hopefully bring more success to Salford City’s wonderful fan base, players and everyone associated with the Club.”
The new ownership group will take responsibility for the operations of the Club with immediate effect.