Lily on the X Factor?

Singer offered six-figure sum to replace Cowell...

14:58 07 March 2011

Lily Allen has reportedly been offered a massive £550,000 to take over from Simon Cowell as a judge on the next series of the X Factor.

Lily is the first choice to take over from Cowell, who is said to be leaving to concentrate on launching the US version of the reality show.

On top of the six-figure sum, the singer has also been offered a flexible schedule, which would allow her to miss live auditions if they clashed with anything else.

A source told Digital Spy:

"Both Syco and ITV are massive Lily Allen fans and the amount of money they're offering her makes it clear they think she will be the biggest draw on the show.

"She's known to have strong opinions and has huge credibility. There was a fear her hectic schedule may interfere with filming, so they've offered to divide the auditions between the judges."

It was also revealed that Louis Walsh has been offered £450,000 to resume his judges position and that Dannii Mingoue is "highly likely" to return to the show.