Sir Alex Ferguson, boss of mighty Manchester United, has become Accrington Stanley's 500th new shareholder.

Stanley are looking to secure their financial future and expand club ownership by issuing shares, and Reds boss Fergie has lent his support.

Stanley chief executive Rob Heys told his club's official website: "Sir Alex’s gesture of support in becoming a shareholder is extremely gratifying.

"We are not only honoured by his decision, but truly touched by his support for an historic neighbour. Everyone at the club is looking forward to welcoming him to our next AGM, where he’ll receive one vote as an official shareholder".

Sir Alex said: "Everyone has heard of Accrington Stanley and I am so pleased to see a small community club flourishing during these times.

"Long may they continue to be an active and healthy member of the Football League."