RE: Telegraph latest1 Dec 2023 09:07
W0W it's actually in the full article last paragraph, but W0W what a joke .... Especially reading the FT comment.
Lionel Barber, the former editor of the FT, has pointed out that the UK has allowed a convicted fraudster, Conrad Black, to own the Telegraph and the son of a former KGB agent, Evgeny Lebedev, to own the Independent and the Evening Standard.
But former Telegraph editor Charles Moore insists that the nature of those involved here - a foreign state alongside a Tory-leaning paper - makes these circumstances different.
Sheikh Mansour is taking a financial risk in wiring the money to Lloyds when it is unclear whether he will ever get to take control of the assets he is paying for, but as someone close to the deal said, that seems to be "a risk he's willing to take".