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Beckham buys minority stake in Salford City FC

David Beckham has bought a 10-per-cent stake in National League side Salford City FC, making the ‘Class of 92’ majority shareholders in the club.

He joins Gary and Phil Neville, Ryan Giggs, Paul Scholes and Nicky Butt – in addition to Singapore-based Peter Lim – as co-owners of the club which competes in the fifth-tier of English football. Lim remains the largest single shareholder with a 40-per-cent stake.

Salford City has been promoted three times in four seasons since the ‘Class of 92’ group first invested in the club prior to the 2014-15 season.

“It is a really special club with a special group of people,” Beckham said. “Salford City has achieved so much success in a short space of time, the fans are incredible and I’m really excited to be spending more time in Salford again.”

It is unclear if Scholes will have to give up his stake in Salford City if he becomes manager of League Two club Oldham Athletic.

Beckham is also a part-owner of  Inter Miami CF, which is due to begin playing in the MLS in 2020.