Katie Price: Offered £10M contract by Channel Five
Reportedly, Richard Desmond has offered Katie Price a £10million contract.
The Mirror reports, The Channel Five boss is keen to lure the glamour model turned reality TV star away from her new deal with Virgin Media Television.
Katie Price's production company signed a reported £3million deal in June. A new programme on Living TV is due to begin in November when her ITV2 contract expires.
The report claims that Desmond is so keen to land Price that he has offered to better the deal.
"Money is no object for Richard and he thinks Katie would be the perfect person to help kick start Channel Five in a new era," an insider said. "It's vital he relaunches the channel with a bang."
Katie is said to be considering the offer and consulting with lawyers.