Stephen Mulhern has ruled himself out of hosting this year's X Factor.

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No sooner had Caroline Flack and Olly Murs announced they were leaving after a year in the job, and Mulhern's name raced up the list of possibles.

But the long-standing Britain's Got More Talent presenter said it's not for him.

"I haven't been asked about hosting it, there have been rumours about it but no I'm not," he told Good Morning Britain.

"I love doing Britain's Got Talent. To do The X Factor is not the right thing for me."

Although, GMB's Piers Morgan did point out that if two million pounds and a Ferrari was on offer he'd start Monday, to which Mulhern responded: "I'll do it now!"

As for who may step into the role, former host Dermot O'Leary is hotly tipped to return. While I was told rumours he's been asked to 'name his price' are far-fetched, it certainly sounds as though early discussions have begun.

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The X Factor returns later this year on ITV

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Create an image depicting a festive scene with elements from the top Christmas songs, such as a snowy New York for 'Fairytale of New York', a cozy home setting for 'Last Christmas', and a glamorous Christmas party for 'All I Want for Christmas Is You'. Include musical notes and festive decorations to represent the spirit of these iconic Christmas songs.

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An image depicting a festive scene with iconic Christmas elements such as a beautifully decorated Christmas tree with twinkling lights, snow gently falling, and perhaps a cozy fireplace in the background. The image should capture the essence of popular Christmas songs, with musical notes and lyrics subtly included in the design, representing a playlist of classic Christmas tunes.

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Immediate’s iconic brands reach 21m people every month – that’s more than a third of the UK’s adults – through its world-class magazines, innovative digital products and exciting live eventsImmediate’s iconic brands reach 21m people every month – that’s more than a third of the UK’s adults – through its world-class magazines, innovative digital products and exciting live eventsImmediate’s iconic brands reach 21m people every month – that’s more than a third of the UK’s adults – through its world-class magazines, innovative digital products and exciting live events

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