Proactive Investors - Paul Marshall, the founder and chair of hedge fund Marshall Wallace, says he will aim to grow the Telegraph in the US should his bid for the newspaper be successful, reports from the Times revealed.
Under his plans, the 64-year-old entrepreneur said he would aim to target around 100 million US citizens with political views situated centre-right.
He also plans on hiring a significant number of journalists to help up the pressure on more commonplace American publications.
Marshall also wants to up the group's investment into international operations should he emerge victorious.
One strategy being considered is to grab millions of US readers by offering a more right-winged view on American politics in comparison to publications like the New York Times, sources close to Marshall revealed.
A bidding war is set to take place for the British newspaper group after former owners the Barclay Family lost control when Lloyds (LON:LLOY) bank requested a return on around £1 billion in unpaid debt.
Earlier this month, the Barclay family made a £1 billion offer for the Telegraph, aiming to ward off competing bidders ahead of the upcoming auction.
This offer comes after Barclays (LON:BARC) secured financial backing from Abu Dhabi-based investors, Sky News said.