OMG! Dermot O’Leary lands how many MILLION for X Factor return?

Dermot O'Leary must be feeling pretty chuffed with himself today as the TV presenter has reportedly signed an £8million contract which will see him host the X Factor for the next four years.

And that's not all – according to The Sun, the new deal will not prevent the British-born broadcaster from working on other projects while signed with the hit show so Dermot will be able to top-up his lucrative pay package whenever he feels the need to do so.

The 43-year-old host lost his spot on the hit talent show last year when he was rather unsuccessfully replaced by Olly Murs and Caroline Flack, but the break seems to have benefited Dermot in a big way as not only will he take back his position as the show’s host, he is also about to become the highest-paid solo presenter on British television.

An insider told The Sun:  “This is the comeback of all comebacks for Dermot.”

“Just one year after Cowell axed him, he’s signing the contract of a lifetime.”

“Simon may have had questions about Dermot’s commitment before but he soon realised he’d made a mistake."

“Even a couple of weeks into the live shows last year, enquires were being made about bringing Dermot back.”

“He had to think long and hard about it because he was loving working on a wide range of projects, including TV series for the BBC, documentaries and his Radio 2 show.”

“But at the end of the day he loves X Factor and he was pretty much able to name his price – it was too good an opportunity to walk away from.”

The X Factor will be back on screens next month with Dermot as host and Simon Cowell, Nicole Scherzinger, Louis Walsh and Sharon Osbourne as judges.