The former judge, who quit the talent show in 2007, has reportedly agreed to the final terms of her comeback and will sign the contract in the next week.
Her salary, if accurate, would make her the highest paid judge in the show's history. She is expected to rake in a further £500,000 in book and publishing deals.
Nicole Scherzinger and Gary Barlow are expected to return with a cool £1.5million each. Louis Walsh will apparently be paid £1million for what will be his tenth series on the show.
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