Listen to great music on ZED 101.9FM

Listen Now

New Beckham & Neville consortium buys Salford City

David Beckham and Gary Neville have completed a takeover of Salford City as part of a new consortium, buying out the rest of the Class of ’92.

Their former Manchester United team-mates Nicky Butt, Ryan Giggs, Paul Scholes and Phil Neville are no longer shareholders as part of the new ownership group, which includes former banker Lord Mervyn Davies and businessman Declan Kelly.

However, the quartet will remain involved with the club in roles “across technical, football, commercial, recruitment and the SCFC foundation”.

“I’m so proud to be part of a new ownership group alongside my mate [Gary Neville] as we begin the next chapter of Salford’s journey,” Beckham, who turned 50 last week, posted on Instagram., external

After the Class of 92’s arrival at the club in 2014, Salford won four promotions in five seasons to reach the English Football League in 2019, but have remained in League Two since.

The Ammies finished the 2024-25 League Two campaign in eighth position, missing out on a play-off spot on the final day and ending the season one point outside the top seven.

Nine shareholders make up the new consortium, including India-based Dream Sports Group, Colin Ryan, Frank Ryan, Nick Woodhouse and Shravin Mittal.

Their arrival comes after the club’s ownership began the process of courting new investment in 2024.

SOURCE: BBC

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *