​Man Utd legend Neville defends Salford spending | OneFootball

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·3 May 2022

​Man Utd legend Neville defends Salford spending

Article image:​Man Utd legend Neville defends Salford spending

Manchester United legend Gary Neville, one of the co-owners of League Two side Salford City, has defended the club's spending.

Salford's parent company, Project 92 Limited, incurred £4.7 million in losses last year.


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The club is co-owned by Neville, his brother Phil Neville, Ryan Giggs, Paul Scholes, David Beckham and Nicky Butt.

On Sky Sports, Neville said: "We've invested enormous amounts of money in the last seven or eight years. But it's all myself, David, Ryan, Paul, Nicky, Phil and Peter [Lim - investor].

"Peter owns 50 per cent, we own 50 per cent. We've put lots of money in ourselves. We've chosen to do that. I'm not against owner funding. We put it in at the start of the season. The club is obviously robust in that sense.

"We only spend the money that we have. It is a lot of money to lose but we've come up from step eight and had to spend millions and millions of pounds on this stadium. And we knew that was going to happen at the very beginning. We do one day long for sustainability at the club.

"But we're trying to build a fanbase in a city that's not had a Football League club ever. It's new to us.

"We could spend our money on other things. If we were driving fancy cars and doing all sorts of things with our money people might complain as well. But we've put it into our local football club and it's significant capital from ourselves, the class of '92."

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