Olly Murs in for £100k X-Factor bonanza

Olly Murs and the other X-Factor Contestants who join next year's tour will receive around £100,000 bonanza for the live performances, it has been reported.

According to The Sun newspaper, next year's dates are the most lucrative in the history of the show, with 29 gigs already booked and further concerts possible in the light of successful ratings.

An unnamed finalist from last year said: "The tour is the most lucrative part of being on the show. Even if you don't win, it can set you up for life."

An X Factor spokeswoman said: "We do not discuss any financial details of contracts for the tour."

Producers have reportedly decided that the top eight acts will perform on the tour - Lucie Jones, Jamie Archer, Lloyd Daniels, John & Edward, Stacey Solomon, Danyl Johnson, Joe McElderry and Olly.

It is claimed that each solo act will receive in the region of £100,000, while John and Edward Grimes will each receive just under this figure.

Whoever Kandy Rain, Rikki Loney, Miss Frank and Rachel Adedeji will all feel hard done by as they will miss out on the lucrative tour as they failed to make the final eight.

Last year, it was reported that some performers on the X Factor tour earned as little as £100 for each live date.