Telegraph Media Group set to be put up for sale

The Daily and Sunday Telegraph and The Spectator mag are to beryllium enactment up for merchantability owed to debts owed by its genitor group.

Lloyds Banking Group is looking to retrieve debts owed by the web of companies controlled by the Barclay household which includes the Telegraph.

The standard of the loans owed means that it mightiness beryllium challenging for Lloyds to retrieve the archetypal worth of the loan.

The Barclay household said the loans did not impact the paper operations.

A spokesperson for the Barclays said: "The loans successful question are related to the family's overarching ownership operation of its Media Assets. They bash not, successful immoderate way, impact the operations oregon fiscal stableness of Telegraph Media Group."

The connection said businesses wrong its portfolio continued to commercialized powerfully and the Telegraph was performing "extremely well".

Analysts estimation the titles to beryllium worthy astir £500m.

Lloyds Banking Group is understood to person appointed AlixPartners arsenic the authoritative receiver to merchantability assets to repay debts owed by the web of holding companies that yet controls the nationalist newspapers and the Spectator mag connected behalf of the Barclay family.

David and Frederick Barclay bought the Telegraph Media Group (TMG), the genitor of the newspapers, successful a £665m merchantability successful 2004.

Alix Partners and Lloyds Banking Group some declined to comment.