BB FANS

Simon Cowell is to sign a new ITV deal tying him to the channel for another two years – after agreeing a £3.5million pay CUT.

Instead of earning around £6.7million a year for producing and starring in X Factor and Britain’s Got Talent, he will get an annual salary closer to £5million.

But Simon, 50, who is poised to sign the contract in days, is delighted, saying: “I wouldn’t work anywhere else.”

Mirror