Published by Global Banking & Finance Review®
Posted on March 28, 2025
2 min readLast updated: January 24, 2026
Add as preferred source on GoogleTodd Boehly, Chelsea co-owner, may bid for National World, publisher of The Scotsman. Shares rose 4.6% amid ongoing Telegraph sale talks.
-English soccer club Chelsea's co-owner Todd Boehly is considering making a proposal to buy National World, publisher of The Scotsman and Yorkshire Post titles, the British media company said on Friday.
The company said it has received confirmation of a potential offer from Boehly's Eldridge Media Holdings (EMH), without giving details of possible terms or timing.
Shares in the London-listed group were up 4.6% at 22.8 pence by 1045 GMT.
The news came after Sky News reported earlier in the day that Boehly and National World founder David Montgomery were in talks about a joint offer for the Daily Telegraph.
Eldridge and National World did not immediately respond to a request for comment on the Sky News report.
National World had already agreed to a 21 pence per share takeover offer from a unit of media company Media Concierge (Holdings) Ltd last month.
It said however it would "consider the terms of any proposal put forward by EMH that may deliver superior value to National World shareholders".
National World had a market capitalization of 58.1 million pounds ($75.2 million) as of Thursday's close.
The sale process for the Telegraph has been protracted. Abu Dhabi-backed RedBird IMI effectively took control of the newspaper and the Spectator magazine in December 2023 when it repaid a debt owed by then-owner the Barclay family to Lloyds Bank.
However the British government opposed a transfer of the influential right-leaning newspaper, forcing RedBird IMI to put it up for sale in April last year.
($1 = 0.7729 pounds)
(Reporting by Shashwat Awasthi and Yamini Kalia in Bengaluru; Editing by Shilpi Majumdar and Jan Harvey)
The article discusses Todd Boehly's potential bid for National World, a media company publishing The Scotsman and Yorkshire Post.
Todd Boehly is the co-owner of Chelsea Football Club and is considering acquiring National World through Eldridge Media Holdings.
National World is a British media company that publishes The Scotsman and Yorkshire Post, and is currently considering acquisition offers.
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