Lord McAlpine's solicitor, Andrew Reid, told Radio 4 he was hoping to agree a settlement with the BBC today:
Lord McAlpine is more than aware that the ultimate people who will paying for any monies that he may receive are in fact the licence payers, the people who really own the BBC, and he is very much aware of this and hence any agreement that is reached is tempered in the light of that.
Lord McAlpine will receive a payment of £185,000 after a settlement was reached with the BBC over false claims made in a Newsnight report.
George Entwistle will receive a 12-month salary after stepping down from the BBC, he is also reported to be entitled to his full pension.
BBC director general George Entwistle has fallen on his sword following the Newsnight child abuse scandal.