"The executives at Fox have already decided not to renew his contract and so, short of a miracle happening, it is pretty much a done deal that he will not take part next season," a source told the newspaper.
Jones' representative also denied the report to People, terming it a "a fabrication."
"There have been absolutely no conversations about Steve Jones leaving The X Factor," the rep said. "Steve is very happy with the outcome of this season... and he looks forward to being back and discovering more talent in the New Year."
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