A source close to X Factor production tells X17online exclusively, Britney Spears' negotiations to be a judge on the singing competition show aren't quite as close as multiple news outlets have been reporting:

    "Things may not be as advanced as everyone is assuming; these things take along time. Anything can happen."

Our source clearly didn't deny Spears is in talks with the show's producer, Simon Cowell, but said Britney being hired for the show is "not a done deal."

Reports have claimed Britney is close to signing a record-breaking $12 million contract to appear in one of the judges' chairs after Paula Abdul and Nicole Scherzinger were fired at the end of the show's last season.

Further complicating negotiations could be the recent court petition filed by Spears' fiance Jason Trawick, to become co-conservator for the pop star, along with Brit's dad Jamie Spears.

A spokesperson for The X Factor refused to confirm or deny being in talks with Britney.