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Manchester City's Abu Dhabi owner among Telegraph bidders

IndiaTimes Sunday, 26 November 2023
Who owns The Telegraph, one of the UK's most famous newspapers, is the subject of a bitter fight. The answer may not be clear for months. This limbo is not how any of the parties wanted it to be. The Barclay family want to keep the conservative paper and sister titles they've owned for 19 years; their lender, Lloyds Banking Group Plc, seized them in June over $1.5 billion (£1.2 billion) of unpaid debts but wants a smooth and low-key sale; rivals including hedge fund moguls Paul Marshall and Ken Griffin, plus British media baron Jonathan Harmsworth, are also vying for control.
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