Stay tuned: Farage looking to buy Talk Radio from Murdoch

NIGEL FARAGE has been in discussions to buy national radio station Talk Radio from Rupert Murdoch for £15 million, The Daily Telegraph understands.

The Brexit Party leader said he had held two meetings with financial backers to buy the national radio station from News UK, which is controlled by the billionaire media mogul.

Mr Farage said he was also considering establishing a Youtube channel allowing him a platform to comment daily on the Government’s policies.

The approach by Mr Farage will be seen as further evidence of moves by major figures on the Right of British politics to take over a bigger slice of the UK’S broadcasting market. News UK, which earlier this year launched Times Radio, is said to have put a £15 million price tag on Talk Radio, where regular presenters i nclude Julia HartleyBrewer, James Max and Penny Smith.

One source said Mr Farage had been “looking to put together a small group of investors to come on board”.

Mr Farage lost his presenting job at LBC in June after he compared the Black Lives Matter movement to “a new form of Taliban” after the statue of Edward Colston was tipped into Bristol harbour by protesters.

Denying he was leading a consortium, Mr Farage told The Daily Telegraph: “I am at arm’s length from this. As I understand it, there have been discussions and I don’t think it has got anywhere.”

A spokesman for News UK, which owns Talk Radio through the Wireless Group, said: “Talk Radio has a growing audience and is not for sale.”

Last weekend, Mr Farage said he could restart his Brexit Party if Boris Johnson does a deal “that will not fully satisfy many Brexiteers”, strongly hinting that the PM will compromise on state aid rules.