Pop singer Cheryl Cole is set to join Simon Cowell on the forthcoming X Factor in a multi-million dollar deal that will launch her Hollywood career.

The 27-year-old will become a judge in the television talent show hit which is set to debut in the States next year.

A source close to the show told the press, "I would say it’s a good bet that Cheryl is coming to America. It’s something that Simon and Cheryl have been discussing for months. You know, it’s a very exciting prospect for everyone involved to have Cheryl on board."

Cowell helped the star make the move away from her pop band Girls Aloud when he first handed her the X Factor role on the UK version of the show two years ago.

The British star, who already has an estimated 20 million dollar fortune, will earn around $3 million for the US version of the show, and is set to make up to twice more from her US television deal as the budget for the show is considerately larger.

Simon Cowell quit American Idol this year to focus on the launch of X Factor USA.