- Boehly’s Eldridge Media Holdings is considering a bid for National World
Updated: 11:30 GMT, 28 March 2025
Co-owner of Chelsea Football Club Todd Boehly is considering buying a suite of local British newspapers, including the Yorkshire Post, The Scotsman and The Sheffield Star.
London-listed National World, which was founded by former newspaper executive David Montgomery, told investors on Friday it had received confirmation that Boehly’s Eldridge Media Holdings is considering a takeover bid.
National World was founded as an investment vehicle before acquiring JPIMedia Publishing, formerly Johnston Press, and becoming the owner of 13 regional and city daily newspapers, and over one hundred other franchises in print and online.
While there is no certainty a concrete offer will be made by Eldridge, any offer would disrupt an already-agreed takeover bid from Media Concierge last month.
National World said it will ‘consider the terms of any proposal put forward’ by Boehly’s firm ‘that may deliver superior value to National World Shareholders’ than the Media Concierge offer.
Confirmation of a potential offer followed shortly after Sky News reported Boehly and National World executive chair Montgomery were in talks over a potential bid for The Daily Telegraph.
Weighing a bid: Chelsea co-owner Todd Boehly is considering a takeover offer for National World
In late 2022, National World had considered a swoop for Reach, the owner of the Daily Express and Daily Mirror newspapers.
Reach bought Montgomery’s previous company Local World in November 2015, taking charge of the publisher’s more than 100 regional titles.
National World was launched with the same strategy as Local World, and now also owns the Derry Journal, Edinburgh Evening News, Sunderland Echo, Derbyshire Times and Eastbourne Gazette, among many others.
DIY INVESTING PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-made portfolios
Hargreaves Lansdown
Hargreaves Lansdown
Free fund dealing and investment ideas
interactive investor
interactive investor
Flat-fee investing from £4.99 per month
Saxo
Saxo
Get £200 back in trading fees
Trading 212
Trading 212
Free dealing and no account fee
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.
Compare the best investing account for you
:
Chelsea’s Todd Boehly eyes takeover of dozens of local British newspapers