{"id":241607,"date":"2025-09-20T14:13:12","date_gmt":"2025-09-20T14:13:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/241607\/"},"modified":"2025-09-20T14:13:12","modified_gmt":"2025-09-20T14:13:12","slug":"david-beckham-gary-neville-admit-salford-were-in-serious-trouble-before-new-ownership-buyout","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/241607\/","title":{"rendered":"David Beckham, Gary Neville admit Salford were in \u2018serious trouble\u2019 before new ownership buyout"},"content":{"rendered":"<p>David Beckham and Gary Neville admit Salford City faced \u201cserious trouble\u201d before their new ownership group took over and raised between $30-40million to \u201csave\u201d the club.<\/p>\n<p>The departure of majority shareholder Peter Lim in 2024, plus losses of \u00a322.5million across seven years, left the pair \u201cgenuinely worried\u201d about what they call a \u201cscary\u201d outlook.<\/p>\n<p>But Neville sought Beckham\u2019s help and the former Manchester United team-mates linked up with businessmen Declan Kelly and Lord Mervyn Davies, building a fresh consortium.<\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/athletic\/6340647\/2025\/05\/08\/david-beckham-gary-neville-salford\/\" target=\"_blank\" rel=\"noopener\">Their arrival was confirmed in May<\/a> after the quartet pulled together a collective of members, which now stands at 23 investors, and high-level partners like AIG and Coca-Cola.<\/p>\n<p>An inaugural board meeting took place on Saturday morning and a delegation \u2014 including Beckham \u2014 will attend their first match since the buyout when Salford host Swindon Town.<\/p>\n<p>Head coach Karl Robinson has achieved five wins from his side\u2019s opening eight games, putting Salford third in League Two; two points below leaders Swindon before their visit.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6646658 size-full\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/GettyImages-2091632744-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1707\"  \/><\/p>\n<p>      Robinson has been in charge of Salford since January 2024 (Ben Roberts Photo\/Getty Images)<\/p>\n<p>Salford aim to reach the Championship inside five years \u2014 while also prioritising their women\u2019s set-up, academy, infrastructure, commercial opportunities and community work.<\/p>\n<p>City Football Group executive Gavin Fleig is joining as CEO, meaning he will handle day-to-day matters, and Manchester United\u2019s Ronan Joyce has become chief business officer.<\/p>\n<p>Minus the injection of funds, Neville says they would have needed to \u201cstrip everything back\u201d or been placed in the \u201cpoor hands\u201d of a multi-club operation that \u201dwasn\u2019t right for us\u201d.<\/p>\n<p>\u201cI very rarely panic but when Gary came to me and said \u2018OK, this is the situation, we need to find a way of saving the club\u2019, I was concerned,\u201d Beckham tells The Athletic.<\/p>\n<p>\u201cFor him more than anyone, because Gary committed to Salford from day one. I\u2019ve spent a lot of time there but I know what it means to him. I know what the people in the club mean to him. I know what the fans mean to him. For him to say, \u2018we need to sort this out\u2019\u2026 He very rarely burdens me with anything, so I knew this was something we had to fix.<\/p>\n<p>\u201cWithout even asking me it was always going to be a \u2018yes\u2019, for many reasons. The values we always had as kids, with our families, with our mums and dads, with our kids now. We were part of a football club that had real values, that looked after people, that looked after their players, looked after their fans. That\u2019s when we knew we needed to make this happen.\u201d<\/p>\n<p>Beckham, Neville and fellow United alumnus \u2014 nicknamed the \u2018Class of 92\u2019\u2014 partnered Lim for an initial acquisition of Salford in 2014 and they enjoyed a spectacular ascent. Yet following four promotions in five seasons that lifted Salford to the English Football League (EF), they have stayed in the fourth tier and Lim decided to step away, physically and financially.<\/p>\n<p>Running costs and contractual obligations to employees required capital to be found quickly or, according to Neville, Salford would have turned into \u201ca more skeletal project\u201d.<\/p>\n<p>Beckham explains that they had two years to generate a certain amount of money and managed to do it in four or five months. \u201cThe group we brought together wanted to invest even more than we expected,\u201d the ex-England captain, who also co-owns Inter Miami in Major League Soccer, adds. \u201cThey sat with Gary, heard about the project and knew exactly where we wanted to take the club. That\u2019s when we went from needing \u2014 I think the number at the start was $12-14m \u2014 and we ended up raising between $30-40m.<\/p>\n<p>\u201cWhen we reached that, Gary got really emotional. That\u2019s what it means to him and it\u2019s the passion you want. If we hadn\u2019t have done it, the club would have been in serious trouble.\u201d<\/p>\n<p>Neville describes Beckham as a \u201dgame-changer\u201c in the process, however both are at pains to highlight the contributions and importance of co-directors Kelly and Lord Davies.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6646667 size-full\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/GettyImages-1142956294-1-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1618\"  \/><\/p>\n<p>      Beckham and Neville at the 2019 National League play-off final (Henry Browne\/Getty Images)<\/p>\n<p>A former banker, government minister, Tottenham Hotspur director and Lawn Tennis Association chairman, Lord Davies is a \u201dfootball nut\u201c with a long association to Neville.<\/p>\n<p>Kelly \u2014 founder of U.S.-based advisory firm Consello \u2014 met Neville during the 2022 Qatar World Cup and Beckham at January\u2019s World Economic Forum in Davos, Switzerland.<\/p>\n<p>\u201cThey started explaining to me what the problem was,\u201d Kelly, a childhood United fan who is closely connected to Lord Davies, recalls. \u201cI said \u2018Well, why don\u2019t we try and fix it?\u2019.<\/p>\n<p>\u201cSo right there at that moment we hatched a plan. Literally, it was a conversation lasting an hour and we decided to do it.<\/p>\n<p>\u201cI said \u2018I\u2019m going to raise the capital\u2019 and I think they thought I was joking. The following day they realised I wasn\u2019t. Mervyn and I went out and raised the money. If we needed to go out and raise more money, we could do it in a heartbeat.<\/p>\n<p>\u201cWe\u2019ve worked hard but it hasn\u2019t been hard to sell as it\u2019s so compelling. This club has a real brand proposition that people in business understand, because who\u2019s involved is a great story. Gary and David are phenomenal people and when people hear that story they want to be part of it, they think it\u2019s a great opportunity.<\/p>\n<p>\u201cSo there\u2019s a business rationale. Nobody got into it thinking \u2018I\u2019m going to make my fortune\u2019 but have an ambition to make sure this the best small club in the world. We have a really good chance of doing something special.\u201d<\/p>\n<p>Davies remembers a tour of Salford opening their eyes to the \u201cmassive impact\u201d that success could have on the local area; a factor he says attracted many of the shareholders.<\/p>\n<p>There is respect for other high-profile projects, namely at Birmingham City and Wrexham, though no desire to imitate \u2014 rather a determination do things their own way at Salford.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6646664 size-full\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/GettyImages-2172464488-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1707\"  \/><\/p>\n<p>      Beckham attended last season\u2019s League One fixture between Wrexham and Birmingham with Tom Brady (Alex Pantling\/Getty Images)<\/p>\n<p>Women\u2019s football will seemingly be an area of major focus (a \u201cphenomenon\u201d that is \u201cexploding\u201d, suggests Lord Davies) and Kelly references the sale of 17-year-old striker Will Wright to Liverpool during the summer transfer window as an example of how fundamental the youth system should be to Salford\u2019s sporting and business model.<\/p>\n<p>They speak effusively about Paul Scholes, another Manchester United legend now integral to the football operation at Salford. \u201cThis is not is not a vanity exercise,\u201d Kelly states on behalf of everybody involved.<\/p>\n<p>\u201cEveryone has a plan until they get punched in the face. We know that we\u2019re going to get punched in the face along the way. We run businesses globally and are prepared for whatever comes our way. We\u2019re not here for a day, a week, a month. We\u2019re here for years and we\u2019re very committed. It\u2019s going to be a hell of a journey.<\/p>\n<p>\u201cWe\u2019re very ambitious but we also understand that you take it one step at a time. We\u2019re going to get an outsized amount of attention because of who\u2019s involved but we\u2019ll deal with that and chart our own course.\u201d<\/p>\n<p style=\"text-align: right;\">(Top photo: Dominic Lipinski\/Getty Images)<\/p>\n","protected":false},"excerpt":{"rendered":"David Beckham and Gary Neville admit Salford City faced \u201cserious trouble\u201d before their new ownership group took over&hellip;\n","protected":false},"author":3,"featured_media":241608,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[57196,3782,221,62,222,67,132,68],"class_list":{"0":"post-241607","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-soccer","8":"tag-league-two","9":"tag-manchester-united","10":"tag-soccer","11":"tag-sports","12":"tag-sports-business","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115237041475405894","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/241607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=241607"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/241607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/241608"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=241607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=241607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=241607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}