David Beckham and Gary Neville have completed their takeover of Salford City according to reports.
The former stars of Manchester United were already co-owners of the League two-side, along with some of their former teammates and stars of the 'class of 92'.
The athletic statement that Neville and Beckham – as part of a new consortium – bought other shareholders after they have collected $ 15-20 million to invest.
Former United stars Nicky Butt, Ryan Giggs, Phil Neville and Paul Scholes are no longer shareholders at the club, but will take on different roles in the club.
Beckham said to the outlet: 'I will make every big decision that has been made and every small decision that has been made.
“That's what my dedication is for Gary. It is what my dedication is for the club. '
“We certainly don't laugh and it's not for the romantic side of things,” Beckham continued. 'Yes, we care about the club – but we do it to win. We want Salford to be successful and we have been successful, but then we want it to go to the next level.
'I always dream big, so I always want us to come to the peak of football and be in the Premier League. But there is a lot of hard work and many investments have to be made up to that moment.
'The championship is a competition that we want to enter, but it is step by step. We want success very quickly, but these things take time.
'There is a reason why we are not going up this year. So what is that reason? How do we solve it? And what do we do to place the team, the manager and the club to ensure that we are successful?
“But if we can do that, be quickly forward and in the championship, that's what the dream would be.”
Beckham and Neville have collaborated with Declan Kelly, founder of the American consultancy Consello, and Lord Mervyn Davies, chairman of the Lawn Tennis Association, to continue with the acquisition.
The class of '92 came this world with great confidence when they bought Salford City in 2014 and brought the club of the Northern Premier League North To League Two – a climb of four divisions – in five years.
When they reached competition two, Paul Scholes Baldly explained the ambition. “I know it's far away, but the target must go to the Premier League at some point.”
The club has since been in the same division and, to say the least, it is struggling in a way in which Gary Neville and Ryan Giggs would not imagine when this plan is released in 2012, at a time when Giggs is considering retiring.
It looked rosy for a while, with six millionaires – the Neville Brothers, Scholes, David Beckham and Nicky Butt – and a billionaire, Singaporean Tycoon Peter Lim, the bankroller of the project that continued things.
But the landscape has changed, as Mail Sport revealed in October. The club had searched for new investments and seemed to be desperately needed.
After Lim's departure in 2024, Beckham and Neville were looking for investment options.