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newsnews international in talks with racing post over potential takeover

News International In Talks With Racing Post Over Potential Takeover

We independently review betting sites. Sign-ups through our links may earn us a commission at no extra cost to you, this never influences our listings’ order.

The publisher of The Sun and The Times, News International is in talks with the Racing Post owners over a potential takeover, in a move that that could rock the equine world. 

Racing Post Takeover Negotiated With Sun Owners

The Racing Post could be set for a sensational takeover by News International, who publish The Sun and The Times among other household names in print media.

Taking over the Racing Post would go hand-in-hand with News International’s long-standing vision of making further inroads into the online betting and gaming sphere.

The respected media firm have attempted to make a stance in the UK online betting space in recent years, notably when they formed SunBets in 2016 when partnering with Australian group Tabcorp.

However, that closed down just two years later and Tabcorp had to fork out almost £40million in compensation to News International.

The Racing Post is owned by equity fund Exponent, who have valued the brand at up to £300m in the past, and News International are keen on striking a deal. But we understand that they consider the price to be too high, and will look to offer around £200m.

Launching in 1986, the Racing Post has had a number of different owners over the years, including Reach (formerly Trinity Mirror), who publish the Daily Mirror.

It has held the same name since it was founded by Sheikh Mohammed bin Rashid Al Maktoum of Dubai, who is one of the most prolific horse racing owners in the world.

Who Currently Owns The Racing Post?

Exponent has owned the Racing Post’s title since 2016, and have done a great job of expanding their reach, with Spotlight Sports Group focusing on digital media output turning it into a super-affiliate.

Spotlight also own fellow affiliates Free Super Tips, MyRacing with US sites Pickswise and Superfeed, showing just how prominent they are in the sports betting and media world.

Now you’ve read all you need to know about the potential Racing Post takeover, keep an eye out for more news regarding this subject in the coming days.

Kyle Curran
Kyle Curran
Kyle Curran

Kyle Curran is a Journalism graduate who specialises in football (soccer), darts and horse racing but has the ability to write about a range of sports across the world and has worked with numerous sports and gambling websites. He also writes news, betting tips and gambling news as well as long form SEO content. He can regularly be found providing live football (soccer) commentary on Flashscore. Previously read news bulletins on local radio stations up and down the UK, courtesy of DerbyshireMediaCompany. He also formerly covered Premier League and EFL matches as an accredited journalist and editor for Prost International.

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