David Beckham and Gary Neville part of new ownership group at Salford
The club announced the former Manchester United stars were part of a consortium which also includes a US-based businessman, Declan Kelly, and Lord Mervyn Davies, and will take control with immediate effect.
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 four to five years. I can't wait for the next part of this journey.'
Beckham, who last week turned 50, added: '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.'
David Beckham and Gary Neville with the Premiership Trophy on May 11, 2003
Beckham first invested in Salford in January 2019, joining former 'Class of 92' team-mates Neville, Phil Neville, Paul Scholes, Ryan Giggs and Nicky Butt as a shareholder.
Gary Neville bought out the stake of former co-owner Peter Lim last August. The club confirmed on Thursday that Phil Neville, Scholes, Giggs and Butt were no longer shareholders but would still be contributing to the club 'with roles in the club across technical, football, commercial, recruitment and the SCFC foundation'.
Kelly and Davies will serve as co-chairs on the club's board.
The club said the acquisition includes 'a commitment by the new shareholders to invest significantly in the club, the team and its facilities'. Salford missed out on the League Two play-offs by a single point, so will again play in English football's fourth tier next season.
Kelly and 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.'
An advisory and investment firm, Consello, will lead the club's commercial strategy, with the club said to be 'looking forward to bringing on a series of commercial partners across the UK, US, Europe, and Asia'.
Salford will hope they can follow Wrexham's lead in attracting overseas interest and investment following the buyout of the Welsh club by Hollywood stars Ryan Reynolds and Rob McElhenney.
Since the takeover Wrexham have risen from the National League to the Championship, having achieved three successive promotions. Read more
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Irish Sun
an hour ago
- The Irish Sun
‘Not common to witness this at 15' – Mikel Arteta joins Arsenal fans in being blown away by Max Dowman against Newcastle
MIKEL ARTETA has joined the chorus of Arsenal fans who have been left astonished by the exploits of Max Dowman. 4 Max Dowman put in an impressive display in a 30-minute cameo for Arsenal against Newcastle Credit: Getty 4 The 15-year-old lit up the pitch after being brought on by Mikel Arteta Credit: Getty 4 And his performance left fans buzzing Credit: Reuters The teenager made a mockery of established Premier League defenders during the clash in Singapore as he won the penalty - scored by He didn't just pass the eye test either, with an impressive stat line including two out of three successful dribbles, two shots on target and being the most fouled player in the whole game hammering home his potential. Speaking after the match, even Arsenal boss Arteta was unable to tone down his high-hopes for the prodigy. He said: "Yeah, it is special. Obviously what he's done today against this team in the time that he had on the pitch is something certainly not common to witness for a 15-year-old. READ MORE IN FOOTBALL "We are extremely happy to have him. I think again the environment that he's around in. "His family, the people at the club and around the academy as well, super helpful because they put him into this position so early in his journey, having a real chance and a real presence when he plays for the first time." Despite not turning 16 until December, Dowman will be eligible to star for the Emirates outfit's first team next season. And Arsenal fans have high hopes for the youngster's upcoming season. Most read in Football BEST ONLINE CASINOS - TOP SITES IN THE UK Talk TV host and Sun columnist Piers Morgan said on social media: "This kid is the real deal.. 15 years old and running rings round Newcastle's first team? Nuts.. and so exciting." A second said: "Lionel Messi, I hope you enjoyed your time as the greatest footballer of all time because Max Dowman is here now." Arsenal CONFIRM £63.5million Viktor Gyokeres transfer as striker takes iconic No14 made famous by Thierry Henry A third added: "I don't think people realize how good Max Dowman is and what he could become. At 15, he looked like the best player on the pitch. This is a Another said: "Hale End producing a world beater in Max Dowman. Doing this against senior Newcastle players to win a penalty at 15?? Lost for words…" A fifth said: "Can't lie Max Dowman might be the best 15 yr old English player I have seen. The kid is a joke." 4
Irish Times
an hour ago
- Irish Times
Coalition warned against diluting contentious Occupied Territories Bill
The Government will be warned not to allow the potential for legal challenges to be used as an excuse to water down the legislation known as the Occupied Territories Bill . The Oireachtas foreign affairs committee will this week publish its report on a proposal to ban trade with illegally occupied territories in Palestine. The report, finalised on Friday, is understood to recommend widening the legislation to include a ban on services as well as goods. There have been stark warnings from business lobby groups that such a measure could damage the Republic's trading relationship with the US and cause economic harm to Irish businesses and households. The Occupied Territories Bill is now undergoing pre-legislative scrutiny Listen | 41:13 The committee will tell the Government to model the ban on trade with illegal settlements in Palestine on 2014 trade restrictions with Russia regarding illegally occupied territories in Ukraine. The committee, chaired by Fianna Fáil TD John Lahart , which did not have statistics on the volume of trade in services between the State and illegally occupied territories, will call on Minister for Trade Simon Harris to collate and publish such information. It will also tell Mr Harris to establish what kind of backlash the State would face in terms of trade and diplomacy should it ban trade with the occupied Palestinian territories. [ Republic joins 25 states urging end to Gaza war Opens in new window ] Ministers will also be advised to consider what defences could be available to a business charged with an offence under the proposed law. . It is understood that the committee believes further work is required from the Government before the law could be enacted. And it will ask that Attorney General Rossa Fanning's advice on the complex Bill is 'expedited' so it can move forward as a matter of urgency. During meetings before the Dáil rose for the summer recess, Mr Lahart was critical of 'misinformation' about the Bill and the State's motivation for passing it – much of which was repeated by senior US political figures. Chairwoman of US House Republicans Lisa McClaine described the Bill as a type of 'extreme anti-Semitic hate'. [ How life in the West Bank is deteriorating for Palestinians Opens in new window ] It is understood that the committee's report will call on the Government to explain the motivation behind the Bill to European Union and international colleagues, while also lobbying Brussels for further collective EU action against Israel. The committee will propose a Government-funded public communications campaign for domestic and international audiences to explain the facts of the Bill and to challenge misinformation spread about it.
Irish Examiner
2 hours ago
- Irish Examiner
Motorsport: Stafford and Cleary hang on to win in Midleton
With a 15.3-second lead entering the final stage, the Wexford crew of James Stafford/Richard Cleary (Darrian T90 GTR) almost backed off too much but did enough to win the Midleton-based CDE Imokilly Rally by 4.4s. Armagh's Jason Black and his Cork based co-driver Karl Egan took second place as they pushed hard on the final stage and while they almost caught Stafford/Cleary, they deprived the Monaghan/Cavan pairing of Johno Doogan/Paul Lennon (Ford Escort) of the runner-up spot by 4.7s. Doogan led after the opening 15.5km stage where Stafford, who reckoned the dust on the stage was more that he anticipated, took time to get into a rhythm and finished just 1.1s in arrears. Gary Kiernan (Ford Escort) in third struggled with brakes that overheated. Top seed Rob Duggan lost time when he had to reverse after he spun his Escort, he ended the stage down in seventh - 12.7s off the lead. Stafford set a strong time on the second stage to move into the lead - 5.7s ahead of Doogan, who wasn't committing as it would involve some risk. Kiernan slotted into third but continued to have brake issues. An untroubled Michael Cahill (Escort) was fourth followed by the Toyota Starlet of Armagh's Jason Black and the Escort of Clare's Padraig Egan (Ford Escort). Although Duggan partially sorted some issues, he withdrew at the Midleton service park leaving Stafford tackle the repeated of both stages as rally leader. The Wexford driver was best on SS3 to move 9s ahead of Doogan while Egan crashed out. On the fourth stage Black, who struggled on the opening stage, showed a fine turn of speed and topped the time sheets to move up two places to third - a mere 1.1s behind Doogan. Stafford reckoned the dust on SS4 prevented him from posting a better time, nevertheless, he led by 13s. Kiernan attributed his time loss on SS4 to having stiffened the front of his Escort too much as it was "lifting off the road" on the high speed sections. Cahill in fifth was a little concerned about some differential issues while Peter Wilson, who posted good times on both reckoned his Escort was running a little too hot. With the brake issues sorted, Moffett was pleased with his performances on both stages, he was seventh in a top ten that also featured Vincent O'Shea (Darrian T90 GTR) and the Escorts of Cian Walsh and Mark Dolphin. Walsh, in the Tom Randles Escort, was happy with his performance while Dolphin was unhappy when he encountered a stricken Escort being removed on SS3. Protecting his lead position Stafford stretched his advantage to 15.3s on the penultimate stage. Doogan tried a harder compound that took a few kilometres to work properly as Black trimmed the margin between them to 0.9s. Kiernan and Cahill followed with the latter closing to within 5.3s as Kiernan tried some different tyre options. Moffett had a big moment on the stage and decided to call it a day. At the latter end of the top 10 Cian Walsh and Mark Dolphin battled for local bragging rights as the latter cut the deficit to a mere 0.7s. Stafford arrived at the end of final stage a trifle worried as he reckoned he had backed off too much, to his relief, his victory was confirmed within a few minutes. Elsewhere, Kiernan and first time co-driver Jake O'Sullivan (Escort) managed to fend off Cahill for fourth with Meath's Peter Wilson (Ford Escort) sixth. Kenmare's Vincent O'Shea (Darrian T90 GTR) took a trouble-free drive to seventh as Dolphin reeled in Walsh for eighth and top Cork driver by just 0.2s. Youghal's Jason and Ross Ryan (Toyota Starlet) won Class 11F and the Castlemartyr/Ardfield crew of Darragh Walsh/Gary Lombard (Honda Civic) took the Junior honours. CDE Imokilly Rally, Midleton: 1. J. Stafford/R. Cleary (Darrian T90 GTR) 41m. 08.2s; 2. J. Black/K. Egan (Toyota Starlet)+4.4s; 3. J. Doogan/P. Lennon (Ford Escort)+9.1s; 4. G. Kiernan/J. Sullivan (Ford Escort)+38.3s; 5. M. Cahill/C. Smith (Ford Escort)+44.1s; 6. P. Wilson/J. McCarthy (Ford Escort)+1m. 19.2s; 7. V. O'Shea/E. O'Donoghue (Darrian T90 GTR)+1m. 38.6s; 8. M. Dolphin/T. Delaney (Ford Escort)+1m. 55.2s; 9. C. Walsh/D. Doonan (Ford Escort)+1m. 55.9s; 10. D. Hickey/R. O'Riordan (Ford Escort)+2m. 11.5s.
