Former Manchester United midfielders Paul Scholes and Nicky Butt have teamed up with three former team-mates in a bid to buy Salford City FC, who currently play in the eighth tier of English football.
Scholes said: "We know it will be tough but we will be committed to this from the start and have some very exciting plans going forward."
Butt added: "Moor Lane's sporting heritage dates back 320 years, the oldest of it's type in the Manchester area and this should be safeguarded so it becomes a lasting legacy for future generations."
More top news
High street stores con customers by offering "discounts" which offer little to no savings - and may end up costing more, Which? has claimed.
Britain has claimed victory over Germany in a special football match marking 100 years since the near-legendary WWI Christmas truce match.
A new medication derived from cannabis could help reduce seizures in children with severe epilepsy - and is now being trialled in the UK.