Sales of the print editions have plummeted in recent years, with the Daily Telegraph averaging a daily circulation of , The Sunday Telegraph sells, on average, , copies.
A source close to the matter told the BBC the brothers were not under any time pressure to sell the paper, which could happen over the next months. No adviser has so far been appointed for the sale but it is expected the Telegraph will be the first asset to be sold. Aidan Barclay, 63, and Howard Barclay, 59, are thought to be evaluating the family's businesses on behalf of their father, Sir David Barclay, and his year-old twin Sir Frederick.
The brothers also own the Spectator magazine, delivery company Yodel and retailer Shop Direct, which includes online outlets Littlewoods and Very. The Ritz hotel, which is also owned by the Barclay brothers, is already on the market. By Business Correspondent Katie Prescott.
For newspaper owners, the Barclay twins aren't very media-friendly. They live in the Channel Islands and Monaco - they say - for health reasons, and few photos of them exist. Though the Telegraph newspapers have been struggling with falling circulation and profits, the reason for the sale is understood to be more personal.
The brothers are looking to hand over to the next generation of their large family, where there are differing views about the future of the business. There have been rumours over the years that several buyers have expressed an interest, including Amazon founder Jeff Bezos and the owner of the Independent and Evening Standard, Evgeny Lebedev.
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