The UK's FilmFour is fully-financing The Emperor's New Clothes, a historical fantasy being produced by The Full Monty's Uberto Pasolini and directed by Palookaville's Alan Taylor.

Adapted by Kevin Molony from Simon Leys' novel The Death Of Napoleon, the script tells the story of how Napoleon did not die in exile but returned to France in disguise to reclaim his throne. He finds that the battleground of Waterloo has become a theme park and that Paris asylums are full of delusional Bonapartes.

Pasolini, who will produce through his Redwave Films, and Taylor collaborated on Palookaville. James Wilson, deputy head of production at FilmFour, brought the project to the company.