Sir Paul Mccartney - Sir Paul Mccartney And Nancy Shevell To Wed This Weekend - Reports

The Beatles legend, 69, proposed to New York socialite Shevell, 51, in May (11) after four years together, and they have been rumoured to be planning to exchange vows later this year (11).

The latest reports suggest the couple will become man and wife in an intimate ceremony at MCCartney's Sussex, England retreat within days.

A source tells America's Us Weekly magazine, "It will be a small, intimate wedding. It's going to be very elegant and classic."

The couple is also said to be organising a second party in the Big Apple following the farmhouse celebration.

The insider adds, "They are having a big party in New York to celebrate later on."

A representative for MCCartney has declined to comment on the wedding speculation.

The nuptials to Shevell will be MCCartney's third - his first wife Linda died in 1998 and his second marriage to Heather Mills ended in divorce in 2008.