From the Sunday Times Books Diary.
"There’s a tale behind Morrissey’s memoir deal with Penguin. It seems the former Smiths frontman, when offered £1m by Faber, argued that he was worth far more — rumour suggests the astonishing figure of £10m — than John Peel, who’d trousered £2m for his memoirs. This was both ungrateful, as guitarist Johnny Marr said the Smiths’ early success was “largely due to the John Peel Show” , and misinformed; the Peel deal was about £1.5m. So he went to Penguin, settled for a paltry £2m, and heaven knows he’s miserable now."
Sunday Times Books