James Hewitt has been offered £600,000 to sell his love letters from the late Princess Diana. The offer comes eight months after the 45-year-old failed in his efforts to sell the correspondence for £10 million in the US.
Pharmaceutical consultant Ian Wills is seeking to buy the letters, which he says he will return to the Royal Family. The 41-year-old has already signed an "in-principle" agreement with Hewitt, offering securities and his home as guarantees.
"I just wanted to bring an end to the affair of the letters," said Mr Wills. "I wanted to do it because I could and it seemed the right thing to do. I also liked Hewitt and I knew the money would help him."
It is believed that Hewitt is reluctant to go through with the sale, however. The former Army major still hopes to garner a much higher price, despite the fact that he has not received any other offers.
Mr Wills, meanwhile, has promised he will not try to profit from the letters, if the sale does go ahead. "I employed a publicist who told me that I could recoup a certain amount of the money by selling the story of the purchase to a newspaper," he said. "But I was still reconciled to taking a substantial hit on the deal."
Photo: © Alphapress.com
Photo: © Alphapress.com
