A New York supermarket billionaire said he wants to buy CNN and that he just wants $1 per year for it

• New York supermarket billionaire John Catsimatidis said he wants to buy CNN, per the New York Post.
• "I'd go run the place tomorrow morning, and all I'd want is $1 per year and a piece of the upside," he said.
• Catsimatidis — an outspoken Trump supporter — has a net worth of $4.1 billion, per Forbes.

Just two days after embattled CNN CEO Chris Licht stepped down from his role in the aftermath of a brutal profile of his leadership, a New York supermarket billionaire said he wants to buy CNN from its parent Warner Bros. Discovery .

"I'd go run the place tomorrow morning, and all I'd want is $1 per year and a piece of the upside," John Catsimatidis, the owner of New York City supermarket chain Gristedes Foods , told the New York Post in an interview Thursday.

Catsimatidis did not share details of his potential offer, only saying that financing wouldn't be a problem.

"It's up to the investment bankers to come up with the numbers," he told the outlet.

"We could always bring partners in, but I want to run the place," he added. "We are capable of putting down a substantial amount of money."

Catsimatidis first talked about his potential CNN bid during a Thursday morning appearance on radio station 77 WABC , where he said: "You heard it first here. I'm going to make an offer to buy back CNN."

"Is that true, seriously?" asked host Sid Rosenberg, to which Catsimatidis shot back: "Seriously."

In 2019, Catsimatidis bought 77 WABC, a conservative radio station, for $12.5 million, the Wall Street Journal reported .

Catsimatidis — who is the 702nd-wealthiest person in the world with a net worth of $4.1 billion, per Forbes — claimed he could double CNN's profits in a short time, according to the Post.

The 74-year-old mogul said Licht's ouster was a bad call given the executive helmed Donald Trump's controversial town hall appearance in May. The town hall irked CNN's core audience, Insider reported .

"They fired the guy at CNN because he had Donald Trump. That is the craziest thing in the world," Catsimatidis — an outspoken Trump supporter — told 77 WABC.

Catsimatidis did not respond to Insider's request for comment sent via Gristedes after regular business hours. Warner Bros. did not immediately respond to a request for comment.

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