In an interview with The Guardian today, Sir David Barclay also vowed that the Scottish twins, who own the Ritz Hotel, Littlewoods retail group and Scotsman newspaper, would not interfere with the paper's editorial stance and said that he was confident the deal would not be blocked by UK regulators.
The £260m bid by the two was revealed at the weekend stunning rivals. It is now the subject of legal wrangling.
Sir David told The Guardian that in the last election their Scotsman newspaper supported Blair and he and his brother were very happy with that stance.
"Where the government are right, we shall support them. We don't interfere. We hope our editors will reflect the feelings of the public."
Asked if this meant that the Telegraph would no longer function as, in effect, the house organ of the Conservative Party, Sir David said: "Certainly not."
On the issue of government regulators he told The Guardian that he was absolutely confident that Labour would put an obstacle in the way of a Barclay takeover. "It's a formality," he said.
Sir David revealed that a move away from staunch support for the Tory party was a pragmatic business move as much as anything else. The brothers want the paper to attract more younger readers, which as paper that sits firmly to the right it has failed to do.
"My young family members like tabloids. The broadsheet is associated with an older generation. So we might be forced to do it," he said.
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