Lim invests in Salford

Wealthy Singapore businessman Peter Lim is set to take a 50% stake in Salford City FC — the club owned by the five former Manchester United players known as the ’Class of ’92’.

Papers have been submitted to the Football Association to formalise the acquisition of the shares.

Gary and Phil Neville, Ryan Giggs, Paul Scholes and Nicky Butt will each retain a 10% stake in the Evo-Stik Division One North club.

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