Stephen Mulhern has been approached to host a reboot of 'Deal Or No Deal'.

Stephen Mulhern already hosts 'In for a Penny' and 'Catchphrase'

Stephen Mulhern already hosts 'In for a Penny' and 'Catchphrase'

The 'In for a Penny' host, 45, is said to be the favourite to follow in the footsteps of 73-year-old Noel Edmonds - who presented the Channel 4 game show from 2005 until 2016 - after producers allegedly decided they want a new face to front the programme.

A source told The Sun: “'Deal Or No Deal' was absolutely huge back in the day and pulled in millions of viewers.

“ITV think there is still a huge appetite for it and think they could make a huge success of the show if they brought it back.

“Plans for the reboot are in the very early stages and the details of when it could come back are being closely guarded.

“There have been discussions around Noel possibly returning but ITV decided they want to give the show a completely fresh look and feel.

“Stephen has been approached about being the new host of the show which is something he is over-the-moon about.

“He has really proven himself to ITV and after he got his own show 'In For A Penny', as well as 'Catchphrase', bosses think Stephen could be ideal for it."

The format sees a contestant choose one of 22 boxes, each containing a cash amount between 1p to £250,000, and then attempting to win as much as possible either by gambling on having a high amount in their chosen box, or making the game's hidden operator, named "the Banker", offer a considerable cash sum for their box regardless of what is inside.

Over 11 years, 'Deal Or No Deal', gave away a total of £40 million to winners.