PETER LIM, the Singapore billionaire who very nearly bought Liverpool FC in 2010 for around £320m, will join Ryan Giggs, Paul Scholes, Gary Neville, Phil Neville and Nicky Butt as joint-owner of Salford City FC.
Lim is also expected to take over cash-strapped top-tier Spanish side Valencia, and is currently working to complete a $480 million deal to buy a controlling stake in the club.
The 'Class of '92' ex-Manchester United players each own 10% of the club, with Lim taking ownership of the other 50% if given Football Association approval.
Lim, 61, a lifelong United fan, is estimated to be worth around £1.5bn, making him Singapore's ninth richest man.
Class Of '92
Following the announcement, Giggs, Scholes, Butt and the Neville's released this statement:
“When we set upon this journey we always knew at some point we wanted external partners involved, people who would share our vision for Salford City FC.
"We have all known Peter for over ten years, his love of sport, above all football, is well documented. He has an incredible track record in business as well as youth and community engagement, especially at grassroots level.
This will be fantastic for SCFC, Peter’s experience and knowledge is invaluable and can help take SCFC to where we believe they can be, it’s exciting times for the club."
Lim is also expected to take over cash-strapped top-tier Spanish side Valencia, and is currently working to complete a $480 million deal to buy a controlling stake in the club.
Salford City FC have made a flying start to the 2014/15 season, winning six out of their opening seven league games.
