Nine shareholders make up the new consortium, including India-based Dream Sports Group, Colin Ryan, Frank Ryan, Nick Woodhouse and Shravin Mittal.

Their arrival comes after the club’s ownership began the process of courting new investment in 2024.

“The acquisition includes a commitment by the new shareholders to invest significantly in the club, the team and its facilities,” a Salford statement said.

Beckham joined the Class of ’92 and billionaire Peter Lim in investing in the club in 2019, almost five years after the initial takeover.

Gary Neville bought fellow co-owner Lim’s stake in the club – which had previously been 50% – last summer in order to “pave the way for a new strategic partner”.

Following Thursday’s takeover, Neville said the new ownership group would “drive the club towards sustainability in the next four to five years”.

In a follow-up video posted on the club’s X account,, external he added: “Football always will be the priority. Football must come first in every single football club and I shouldn’t even have to say that.

“Success on the pitch is critical to us but we also need to make sure that our facilities, stadium and the training ground improve enormously along the way.

“We do need to become sustainable, we do need to grow revenues, while making sure that we look after our fans and making it accessible – you have my word on that.”

In a joint statement, Kelly and Lord Davies said: “Hopefully [we can] bring more success to Salford City’s wonderful fanbase, players and everyone associated with the club.”