Desmond ‘pondering Channel 5 sale’

File photo dated 28/02/11 of media mogul Richard Desmond, who is reportedly considering putting Channel 5 up for sale with a price tag of more than £700 million. PRESS ASSOCIATION Photo. Issue date: Thursday January 2, 2014. Mr Desmond, whose Northern & Shell media group also owns the Express and Star newspapers, has asked advisers at Barclays to review options for the broadcaster, including a potential sale early in the new year, according to The Financial Times. See PA story CITY Channel5. Photo credit should read: Stefan Rousseau/PA Wire