Beckham, 43, will turn into a section proprietor close by previous Manchester United partners Gary and Phil Neville, Ryan Giggs, Paul Scholes and Nicky Butt.
The 'Class of 92' presently claim 60% of the club, with the staying 40% being held by Singapore businessperson Peter Lim.
Beckham as of now claims American club Inter Miami, who will join Major League Soccer in 2020.
The Football Association still needs to favor Beckham's proprietorship before it is made authority and Gary Neville said Beckham will go to a Salford diversion in the "following a little while".
Salford are third in the fifth level of English football and advancement this season would see them achieve the Football League without precedent for their history.
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"It is an extremely unique club with an extraordinary gathering of individuals," said Beckham, who joined United as an adolescent player and played 11 seasons for the principal group, winning the treble of the Premier League, FA Cup and Champions League in 1998-99.
"My initial a very long time in Manchester were altogether spent in Salford. I grew up there from multiple points of view so to have the capacity to at long last join the fellows and the club today is an incredible inclination.
"Salford City has made such a great amount of progress in a short space of time, the fans are mind boggling and I'm truly eager to invest more energy in Salford once more."
The 'Class of 92' purchased the club in 2014 and have directed three advancements in four seasons, and redeveloped the ground.
"From the earliest starting point we needed David to be included and be with us on this staggering adventure anyway conditions and duties didn't permit that," the club said in an announcement.
"Presently all is good and well and it is another energizing time in Salford City's history."
David Beckham
Beckham with whatever is left of the 'Class of 92' who shaped the center of Manchester United's treble winning side in 1998-99
Salford expect Beckham analysis
Salford's five-year ascend from the Northern Premier League first division unremarkableness to the verge of a place in the Football League is an undoubted example of overcoming adversity.
Be that as it may, it has not come without analysis.
Prior this season, Accrington proprietor Andy Holt blamed Salford for attempting to "take" a place in the Football League after they marked Adam Rooney from Aberdeen, who had recently completed second in the Scottish Premiership.
As Butt concedes, including a standout amongst the most popular footballers on the planet into the Salford blend will undoubtedly bring greater cynicism.
"We acknowledge that," Butt revealed to BBC Sport. "We acknowledge that only us coming into Salford pulls in cynicism when you see a portion of the things that are flying about, that we are tycoons playing imposing business model football.
"In any case, it isn't our blame that one of the fellows we grew up with happens to be David Beckham.
"Where it counts we realize he is one of us. He adores Salford. He grew up there like us. He lived there from the age of 15. He is enthusiastic about giving back.
"We can't stress over what outcasts are considering. We are agreeable about what we are doing."
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