A source close to Mr Farage told BuzzFeed News he would wait to see how events play out over the coming weeks before deciding if there is a credible space for a new movement in UK politics. It comes after the MEP announced this week that he was quitting UKIP after 25 years, having led the party on and off from 2006. Writing about his decision to leave the party on Tuesday, Mr Farage said: “There is a huge space for a Brexit party in British politics, but it won’t be filled by UKIP.”
Mr Farage is understood to have discussed the idea of forming a new party with pro-Brexit donors and expressed his belief that it could win support from Eurosceptic Tory MPs and Tory members.
A spokesperson for Mr Farage declined to comment on the conversation.
Mr Farage, the deputy chairman of Leave Means Leave, is thought to be emboldened by the support shown by MPs from across the political spectrum for the campaign group.
Announcing his departure from UKIP, Mr Farage accused the party’s leader Gerard Batten of having a “fixation” with Islam and an “obsession” with far right activist Tommy Robinson, who was appointed as a party adviser last month.
He said the party had become “unrecognisable” to the party he used to lead and said UKIP is urging its members to attend street marches instead of “taking the fight to the ballot box.”
The politician who failed on seven attempts to become a UKIP MP, said Mr Robinson, whose real name is Stephen Yaxley-Lennon, is “entirely unsuitable to be involved in any political party.”
A source told BuzzFeed that Mr Farage believed the Conservative party would split if Brexit is reversed or if there is a “Brexit in name only”.