X Factor host Dermot O’Leary reportedly being paid £8million for a four year contract

X Factor host Dermot O’Leary is now the most paid TV presenter on British television according to new reports that he’s been paid a big fat £8million for fronting the ITV singing competition.

The host who was sacked from the show last year by Simon Cowell has returned this year with a source saying that the show just doesn’t work without him.

An X Factor source told The Sun newspaper: “This is the comeback of all comebacks for Dermot. Just one year after Cowell axed him, he’s signing the contract of a lifetime.

“It’s completely unheard of for one presenter to be paid £8million to host one show. There hasn’t been a deal like it since Jonathan Ross was getting millions a year from the BBC to host his chat show.”

Dermot will also still be able to work for BBC TV and Radio 2, boosting his annual pay packet to at least £3million.

The source continued to say: “X Factor just didn’t work without Dermot. Getting him to come back was absolutely essential for its future.”

We’ve understood that new ITV chief Kevin Lygo was only prepared to renew X Factor unless Dermot was returning to the show. It’ll now be on air until at least 2020.

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