Donald Trump could transform his tens of millions of political followers into a ready-made audience for a new anti-establishment television network called Trump TV if he loses the presidential election.

According to reports his son-in-law and close adviser Jared Kushner, who owns the New York Observer, made an initial informal approach to financiers.

As Mr Trump trailed Hillary Clinton by up to 11 percentage points in polls the question of what he would do if he loses has only been addressed briefly by the billionaire himself. Mr Trump recently said he would like to "take a long vacation".

But analysts have suggested his next venture could potentially be one of his most influential and lucrative.

A Trump TV network would allow him to maintain a major public profile, push his political agenda, and continue to attack the political and media establishment.