Gary Neville says Salford City name will not change

Gary Neville said on Twitter that he and his fellow investors had no plans to change the name, ground or management of Salford City FC, which he and four former Manchester United team-mates have agreed to buy.

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Delighted to be part of @salfordcityfc in the future! For clarity - No name change/ no ground change and management and committee as before!

There had earlier been rumours in some media that Paul Scholes would be appointed as the club's manager.

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Man Utd stars do deal to buy Salford City FC

Gary Neville, Phil Neville, Ryan Giggs, Paul Scholes and Nicky Butt have exchanged on a deal to buy Salford FC, subject to FA and League approval, the club has confirmed.