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David Beckham becomes Salford City shareholder

David Beckham is set to take a 10 per cent stake in Salford City alongside his former Manchester United team-mates Gary Neville, Phil Neville, Ryan Giggs, Paul Scholes and Nicky Butt.

Gary Neville headed a news conference on Wednesday to confirm Beckham would take an equal shareholding in the National League to his fellow "Class of 92" graduates from the United youth system, subject to ratification from the Football Association.

Singaporean businessman Peter Lim remains the largest single shareholder at Salford, with 40 per cent.

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"We wanted to announce it on our terms," Neville said, flanked by his other ex-United colleagues at a briefing Beckham was unable to attend.