Investors in anti-Brexit weekly include Mark Thompson and former Financial Times editor Lionel Barber

A consortium including the former New York Times chief executive Mark Thompson and the former Financial Times editor Lionel Barber has backed a management buyout of the New European, the anti-Brexit weekly founded in the aftermath of the 2016 referendum.

Thompson – also a former director general of the BBC – is perhaps the most prominent of the group supporting the buyout, led by the newspaper’s founder, Matt Kelly, alongside the Irish media executive Gavin O’Reilly.

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