Ex-Murdoch Lieutenant Says He Has Backing to Buy The Telegraph
- William Lewis is keen to snap up his former newspaper
- Media boss adds: Boris Johnson is ‘trusting, loyal, clever’
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As he prepares to be knighted next month by King Charles III, former Murdoch lieutenant and one-time Prime Ministerial adviser William Lewis is once again at the heart of media intrigue — just how he seems to like it.
In an interview with Bloomberg, Lewis said he’s lined up funding for a takeover of his former employer Telegraph Media Group Ltd., in an auction he expects will kick off in the next couple of weeks. The 168-year-old title is on the block after Lloyds Banking Group Plc dramatically terminated directors from the Barclay family and put the business up for sale in June to address long-running unpaid debts.