Consortium interested in taking a majority stake in The Sunday People

Sunday+PeopleTrinity Mirror has announced that “it has been approached by a group of investors who have expressed an interest in working with the Group to invest in and develop the Sunday People. ”

The Financial Times reported earlier today that a consortium, headed by former editor of the Sunday Express Sue Douglas and backed by Phoenix Ventures, has proposed taking a majority stake in the Sunday People for £10 million.

The FT say that the consortium want to rename the newspaper “The News of the People” using a masthead similar to the one that was used by “The News of the World”.

UK, London

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