Sarah Ferguson may not be writing a royal tell-all now, but fresh speculation suggests she could eventually reconsider — particularly after King Charles is no longer on the throne.

The former Duchess of York has firmly denied recent reports that she is preparing a multimillion-dollar memoir about the royal family, her ex-husband Andrew Mountbatten-Windsor and their past association with Jeffrey Epstein.

Her representative has said there have been “no discussions” over such a deal and that Ferguson has no plans to write a personal tell-all.

Still, unnamed royal sources are now claiming Ferguson understands just how commercially valuable her story could become in the years ahead.

According to those claims, Ferguson is wary of publishing anything deeply personal while Charles remains king because of the potential damage it could cause to already strained royal relationships.

One source alleged that Ferguson believes preserving goodwill with Charles could ultimately be worth more than accepting a large publishing advance in the short term.

That claim has not been independently confirmed, and Buckingham Palace has not suggested that Ferguson has been promised financial assistance.

The speculation comes at a turbulent moment for Ferguson and Andrew.

Andrew remains under investigation in Britain over allegations of misconduct in public office tied to documents released as part of the Jeffrey Epstein files.

He was arrested in February and later released under investigation. Police have said the wider investigation remains active, even after search warrants used in the case were ruled unlawful because of procedural errors.

Andrew has denied wrongdoing.

His longstanding association with Epstein has continued to cast a shadow over both him and Ferguson.

Ferguson has previously expressed regret over her own contact with Epstein and has faced renewed scrutiny following the release of correspondence involving the disgraced financier.

The possibility of another memoir is especially notable because Ferguson has written autobiographical books before.

She published My Story in 1996 and Finding Sarah in 2011, the latter offering a deeply personal account of her financial, emotional and public struggles.

That publishing history means there would likely be significant commercial interest if she ever chose to write another book focused more directly on the royal family’s internal disputes.

Reports in recent weeks have claimed publishers could potentially offer seven figures for such a project.

But Ferguson’s camp has pushed back hard against those suggestions.

A spokesperson recently said she is “not close to signing a multi-million dollar book deal” and has “no plans to write any tell-all memoir.”

That denial is important because the most sensational claims surrounding a future book currently come from anonymous sources rather than Ferguson herself.

There is also no public evidence that she has decided to wait until after Charles’ death before publishing anything.

Still, the speculation has gained traction because Ferguson has lived through decades of royal controversy, including her marriage and divorce from Andrew, financial troubles, public scandals and the monarchy’s repeated efforts to distance itself from Epstein-related fallout.

Andrew’s own position has deteriorated sharply in recent years.

He left Royal Lodge after mounting pressure over his circumstances, while his public role within the monarchy has been effectively dismantled.

Charles has also faced questions about whether private royal money has been used to support Andrew financially.

Recent reporting confirmed that the king used private funds to cover a substantial payment connected to Andrew’s departure from Royal Lodge, although that does not establish that Ferguson has been promised similar help.

For now, there is no confirmed memoir deal and no evidence Ferguson is actively preparing a tell-all.

But if she ever changes course, her decades inside one of the world’s most closely watched families would almost certainly make any book a major publishing event.