Simon Cowellis reported to have agreed a £25m deal with ITV which will see him return as a judge on the UK version of The Sun reports that SiCo will become the nation's highest-paid entertainer, with the three-year deal covering X Factor and Britain's Got Talent and effectively earning him £8.3m per year.
A source said: "ITV are preparing for him to return to the UK X Factor and BGT so have structured the deal to take in both shows.
"If he only does one then he won't get the full package — but everyone is hopeful that will not be the case."
But the reality TV mogul has also hinted to reporters in the States that he may not be returning to the US version of the show - which has struggled in the ratings.

The Hollywood Reporter quoted him as saying: "I think the show will be coming back next year. As to my role on it, I might have a different kind of role, we haven't discussed that yet."
The Sun's source reckons Cowell is "95 per cent" freed to return to the UK version of X Factor.
There has been speculation that he hopes to [uuid=2fc9e053-e3a4-4122-8902-d5537c3dde0e]reunite the show's "classic" panel[/uuid].

[uuid=432c09ff-2679-4dc0-9fb4-f15941bc5f99]SEE PICS FROM THE X FACTOR LIVE TOUR[/uuid]

[uuid=1bed7ae5-bf56-4aad-a24a-8baae48692d9]SEE PICS FROM THE X FACTOR 2013[/uuid]