Rumours began circulating last month that the classic talent competition was poised for a "modern makeover" at ITV.
Among the most successful from the series were One Direction, Little Mix, JLS, Leona Lewis, Alexandra Burke and Olly Murs, with average ratings peaking in 2010, when 17.7 million tuned in to see Matt Cardle crowned winner.
The show was eventually scrapped in 2020 following celebrity and band spin-offs and gradually declining viewing figures over its last decade on air.
Speaking on Good Morning Britain, the show's former host Dermot O'Leary said of the rumours: "I don't know what I can tell you because I don't know anything."
"I'm fascinated as to what they'll do if they do bring it back. It'd have to be, in many ways, a very different show [but] you still want the nostalgia of how it was in the first place."
View oEmbed on the source website"As it progressed and music became more democratised, people would turn up and say, 'Well, I've got my own album and I'm on YouTube and I've written 24 songs but I need a platform'. So I think however it comes back, if it does come back, that's how it will have to come back."
As to whether he would be up for returning to the show as its host once again, O'Leary gave a classic response: "Never say never."
Whether The X Factor will be returning to our screens at any point in the future and when that could be remains to be seen.
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