Sacked Trinity Mirror editors reported to be ‘plotting’ to take over the company
The two national newspaper editors sacked by Trinity Mirror earlier this week were reportedly plotting to take over the company and sell off its regional titles.
Richard Wallace lost his job after eight years as editor of the Daily Mirror on Wednesday along with Sunday Mirror editor Tina Weaver.
Trinity said their jobs had been made redundant as part of a restructure that saw the two titles moving to a seven-day operation with a combined newsroom.
However, Hold The Front Page reports: “But according to a report in the Daily Telegraph, the pair had been secretly planning to buy the company, with backing from an un-named wealthy figure.
“The plan would have involved breaking up Trinity Mirror and selling off its 130 regional titles in England and Wales, which include the Manchester Evening News, Liverpool Echo and Birmingham Mail.
“The alleged plot was revealed in a report by the Telegraph’s media editor, Katherine Rushton.
“In her piece, Katherine said the plans had still been ‘at an early stage’ and that it was not known whether they also involved selling off the group’s Scottish titles – now under the Media Scotland umbrella.”
HTFP said that Rushton claimed the buy-out plot shed new light on the sackings while the Daily Telegraph’s editor, Tony Gallagher, tweeted: “We have unravelled the mystery of why talented Tina Weaver and Richard Wallace were so strangely sacked by the Mirror.”