Sharon Osborune has reportedly signed a £2 million deal to return to the UK version of X Factor.
Osbourne, who previously quit the ITV show in 2007, has finalised the details of the lucrative contract and will return as a judge on the upcoming new series, reports The Sunday People.
The 60-year-old’s salary will make her the highest-paid judge ever on the show, as Simon Cowell looks to boost flagging ratings. She is also expected to earn around £500,000 from an associated book and publishing deal.
A source told the newspaper: “Sharon will be an X Factor judge and it is only a matter of days before the deal is finalised. She is being paid a hefty sum of £2 million as Cowell is desperate to have her on the show. She is also expecting to earn half a million more in book and publishing deals. There is no way she would turn down such a well-paid job.”
The announcement of the multi-million pound deal comes at a good time for Osbourne after it was recently reported that her and husband Ozzy had received a £1million tax bill.
Last year (August), the rock matriarch admitted that she was keen to return to the X Factor.
James Arthur won the 2012 X Factor. Arthur, from Middlesbrough, beat competition from both Jahmene Douglas and Christopher Maloney to earn a contract with Simon Cowell’s SyCo label.