British chart-toppers Steps have reportedly been offered a $5.4 million (GBP3 million) deal to reunite after a five-year hiatus.
The pop quintet, best known for pop hits including ONE FOR SORROW, sold more than 30 million albums worldwide before singer H's decision to quit the group lead to an acrimonious split in 2001.
Promoters hope to mirror the success of British boy band Take That, who are embarking on a sell-out UK tour and forthcoming studio album after reuniting in November (05).
Bandmembers Claire Richards, Faye Tozer, Lisa Scott-Lee and Lee Latchford-evans are already holding provisional comeback discussions, but have yet to convince H - real name IAN WATKINS - to rejoin the outfit.
Since leaving the band, Watkins has carved a successful career in London's West End after landing leading roles in hit shows Joseph And The Amazing Technicolor Dreamcoat and WE WILL ROCK YOU.
A close source tells British paper the News of the World, "The GBP3 million is just a down-payment to get them on the road.
"Once they do that, promoters are hoping they will bring in more millions.
"When they were at their peak they played to sell-out venues and are hoping to do the same again.
"The split was quite bitter but it's been five years and a lot of water has gone under the bridge.
"H is the only problem. He's doing so well acting it would be a big decision for him to leave that."