da spicy bet： David Beckham, Gary Neville and the rest of Manchester United's Class of '92 who co-own Salford City are looking for new investors for the club.
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Beckham, Neville and Co, own SalfordGroup looking for investorsClub currently 19th in League TwoWHAT HAPPENED?
The League Two side are co-owned by key members of the famous Red Devils squad, including Paul Scholes, Nicky Butt, Ryan Giggs and Phil Neville, alongside brother Gary and Beckham. Butt, who took over as the club's chief executive from Gary Neville in October 2022, has announced Salford's pursuit of "strategic partners" to take advantage of "major opportunities" and boost the club's growth.
AdvertisementGetty ImagesWHAT BUTT SAID
Salford's CEO said in a statement: “We are backing Salford City with as much commitment and confidence as ever. We have achieved very special things here but there are major opportunities in front of us and we want to make sure we have the right mix of investment and strategic partners to take advantage of those opportunities. We had an original 10-year plan and with strong foundations now in place, it was always the intention to explore options for the next phase. That includes potentially bringing in new partners to help us grow the club and best serve the fans and community.”
THE BIGGER PICTURE
Beckham, Neville and Co have helped increase the capacity at Salford's Peninsula Stadium from 3,000 to 5,000, as well as securing four promotions since their takeover of 2014. The Class of '92 co-owned side now share a league with Wrexham, whose co-owners Ryan Reynolds and Rob McElhenney are currently aiming for back-to-back promotions. The Hollywood duo have been lauded for their growth of the Wrexham community as well as the club through strategic partnerships, and it is fair to assume they may serve as inspiration for Salford and their owners.
Getty ImagesWHAT NEXT FOR SALFORD?
Salford did celebrate a memorable win over the Red Dragons earlier this month, recording a 3-1 victory at the Peninsula Stadium. However, their league form has been underwhelming elsewhere, as they sit 19th in the League Two table and nine points clear of safety after 34 games. Salford's next match comes on Tuesday at home to Colchester.