The Spectator’s new owner – and new era
From our UK edition
After a year-long auction drama that involved sheikhs and moguls and even ended up changing the law, The Spectator has a new owner. The financier Sir Paul Marshall is to become the magazine’s 14th proprietor. Had The Spectator been sold to the Emirati government, as was on the cards, we would have faced obvious questions about our operational and editorial independence. That will be protected under Sir Paul, who is buying The Spectator because he admires what we have achieved, believes in the magazine’s values and, most importantly, knows that we can go further with more investment. The price we’ve been sold for, £100 million, speaks to that belief in our potential.