Celebrities taking part in this years Celebrity X Factor will receive a handsome fee of £25,000 for taking part and an extra £5000 each night they survive the public vote. This means that the winner could be walking away with a grand total of £75,00!

However this is a pittance compared to the £250,000 that Sharon Osbourne, Louis Walsh and Simon Cowell will be receiving.

An insider told the Mirror: “There’s a very attractive incentive to do well.

“It’s not a bad pay check for just a few days of work – and for those who want to launch a pop career, it’s the perfect platform.�

For more gossip on the upcoming series of Celebrity X Factor 2006, including rumours of which celebritites will be taking part just click the link!