A consortium of Salford Red Devils supporters have completed their takeover of the club, ending Marwan Koukash's five years as owner.
Koukash bought Salford in January 2013 which ended fears that the club could be placed in administration.
In September, the Kuwait-born businessman announced he would hand over control to a community trust.
Koukash said on Twitter that he will remain involved with the club as "a devoted fan and sponsor".
Salford will now be run by a not-for-profit holding company, Salford RD Holdings, controlled by four board members who are described as "long-standing supporters of the club".
"This is truly a historic day for our club, as the new ownership structure puts the control of the club into the hands of the supporters," said director Andrew Rosler.
"As a new board we can't wait to get down to business - I am sure we are at the beginning of a really exciting period in the club's history."
Rosler, Asif Latief, Hannah Fendall and Dawn Fendler make up the four-person board.