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REVEALED: Valencia owner Lim takes stake in Salford City

Valencia owner Peter Lim has bought into glamour non-league club Salford City.

The Daily Mail says five former Manchester United stars - Gary and Phil Neville, Paul Scholes, Ryan Giggs and Nicky Butt - will each retain 10 per cent of the non-League club.

The terms of the deal dictates that the Class of '92 will collectively maintain an equal share of the power. Lim, however, will become the leading individual shareholder after acquiring 50 per cent of the club.

The deal remains subject to FA approval.

Singaporean Lim bought Valencia over the summer after failing previously with a bid for Liverpool.

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