Pictures of New US X Factor Judge Cheryl Cole in Venice

Today it was announced Cheryl Cole will sign a £10million contract to become a judge on the American version of The X Factor. She's set to sign next week to sit alongside Simon Cowell on the judges' panel across the pond, as they search to reward a talented singer or group with a $5million recording contract. This weekend Cheryl was spotted all wrapped up warm as she boarded a boat in Venice. She was there to sing at a private party, apparently earning £250,000 for a half hour performance!