Who owns Salford? David Beckham’s role after Paul Scholes and Ryan Giggs step down

Need to know

Members of Manchester United’s famed ‘Class of ’92’ have been running Salford City for over a decade and the club now take on Man City in the FA Cup once again

Everything you need to know about Salford City’s ownership:

1. Major Change in Ownership: By May 2025, Salford City’s ownership structure experienced a substantial transformation, with Gary Neville and David Beckham spearheading a takeover of the remaining four members of the “‘Class of ’92.’” This transaction formally brought an end to the shareholder roles of Ryan Giggs, Paul Scholes, Nicky Butt, and Phil Neville, all of whom are no longer recorded as club owners.
2. New Majority Shareholders: The team is now overseen by a new investment group that features US entrepreneur Declan Kelly, founder of Consello, alongside Lord Mervyn Davies, both acting as Co-Chairs. In December 2025, international insurance corporation AIG – previously Manchester United’s front-of-shirt sponsor – acquired the largest shareholding through an expanded strategic alliance, further reducing the influence of the club’s former locally driven ownership model.
3. Paul Scholes’ Technical Role: Although he relinquished his ownership position, Paul Scholes continues to play an essential role in daily operations as Director of Recruitment. In this capacity, he manages player scouting and transfers, ensuring his football knowledge still directly impacts squad development under head coach Karl Robinson.
4. Ryan Giggs’ Departure: Ryan Giggs formally stepped away from his role as Director of Football in September 2025. After earlier moving from co-owner into a technical post, his departure represented the definitive conclusion of his official involvement in the “Ammies” football operations.
5. Nicky Butt’s Exit: Nicky Butt, who had served as Chief Executive Officer (CEO), resigned from his executive role in late 2024 in order to return to coaching. Although he remains a cherished presence at the Peninsula Stadium, he no longer holds a board position or any equity following the restructuring completed in 2025.
6. Phil Neville’s Status: In line with the broader organisational overhaul, Phil Neville’s term as a club director ended in October 2025. He now retains no administrative or financial interest in the organisation and has shifted his full attention toward his managerial career in the United States.
7. Gary Neville and Beckham Stay Involved: Gary Neville and David Beckham are the sole members of the original group who continue as co-owners within the updated consortium. Of the two, Gary Neville remains the most actively engaged, regularly acting as the public face of ownership and participating in strategic discussions.
8. Project 92 Limited: Although the pattern of individual ownership has evolved, the club continues to operate under its parent company, Project 92 Limited. Control has moved from an equal six-person partnership to a corporate framework led primarily by institutional investors such as AIG, alongside the Beckham-Neville partnership.
9. READ MORE: Gary Neville and David Beckham’s huge change for Salford City revealed after vote

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