David Beckham and Gary Neville buy out Man Utd legends to take over Salford City

Gary Neville and have joined forces to complete a takeover of side . Neville has been involved since 2014 alongside fellow 'Class of 92' members, with Beckham joining the club later.

, , and all previously held stakes in the League club. But according to, the pair have now bought-out their fellow icons - albeit they will still be involved in the club in some capacity.

It is suggested that and Beckham have been searching for investment partners since the departure of majority shareholder Peter Lim in 2024. They had a number of options including multi-club models and a direct owner.

They have now decided to join forces with Declan Kelly, founder of U.S.-based advisory firm Consello, and Lord Mervyn Davies, chairman of the Lawn Tennis Association. Each new member will hold a 5 percent to 10 percent stake in the club, totalling 80 percent, with the additional amount being earmarked for further partners.

It is reported that the group have managed to raise around $15-20million (£11.2m-£15m) that will be used to boost the club's sporting an infrastructural targets. Salford are keen to reach the Championship under their new ownership group.

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None of the new group will have direct involvement at Moor Lane, with interviews being held to appoint a chief executive of the club.

Speaking to The Athletic, Beckham said: “I will be over every big decision that’s made and every little decision that’s made. That’s what my commitment is to Gary. It’s what my commitment is to the club.”

Neville added: “I feel very strongly that owners are just guardians of football clubs for fans and the idea is that fans should have access behind the scenes to what people are doing in the club. It’s almost like a public company and it should be treated as such because of its importance to the community.

“We’ve never been shy in coming forward in respect of content for the club and that will be the same moving forward. But there are different innovative ways that can be done that isn’t just a straight documentary."

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He added: “We have to be successful on the pitch, we have to invest in the local area and we also need to look at our infrastructure; the stadium and training ground. We’ve invested heavily over the last 10 years and we’ll invest heavily again in this next four or five years — but we need to get this club on a firm footing financially and get balance into this club.

“There are very good examples of clubs in League Two, League One and the Championship who are almost sustainable, with a little bit of owner funding. They have created a player trading model and financial and commercial revenue streams that mean that they can look at things slightly differently and be successful, whilst being more sustainable.”

Salford finished eighth in League Two this season, just outside of the players. They have been in the fourth tier of English football for the past six seasons and flirted with a return to the National League last term.

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