The paper’s self-styled saviour has hardly covered himself in glory. He was declared bankrupt in Sweden more than a decade ago over an unpaid £1.5m tax bill and has been in a dispute with the Swedish taxman for nearly 20 years.

He is yet to tell us how he would tackle the group’s £220m debt mountain and the onerous interest payments which are soaking up the cash being generated in the business, thereby denying it of investment.

If he and Mr Salmond want to prise The Scotsman out of JP he will have to find a formula for settling its portion of the debt, and that has scuppered a number of previous attempts to buy it.