Five members of Manchester United's famous 'Class of 92' side have completed a deal to buy Salford City Football Club.
Former Red Devils stars Gary Neville, Phil Neville, Paul Scholes and Nicky Butt - along with current Manchester United midfielder Ryan Giggs have agreed a deal to buy the Evo-Stik First Division North club.
The quintet are said to be extremely excited at nurturing young talent from the Salford area and are keen to give something back to the community that made the aforementioned players global superstars.
Reports earlier today suggested that Scholes could become the manager of Salford City as he is not currently in a coaching role - unlike the other four members of the takeover bid.
Scholes was offered the chance to become a coach at Old Trafford after retiring in the summer - but is yet to take up a permanent coaching post at the north-west club.
Both Butt and Phil Neville are currently in full-time coaching positions at Manchester United, while Giggs is a player-coach at Old Trafford.
Gary Neville, who is among Roy Hodgson's coaching staff, said on the prospect of owning Salford City: "I had my first trial for Manchester United in Salford at age 11 and I will never forget how important that was to me.
"Salford City FC to me represents those early years, the commitment, hunger, enthusiasm, desire and spirit of football and I am very excited about this venture."
And Neville's former teammate Scholes added: "We know it will be tough but we will be committed to this from the start and have some very exciting plans going forward."