Jeremy Clarkson set to sign 12mln pounds BBC deal despite 'n-word' racism row

Top Gear presenter Jeremy Clarkson, who is currently in hot water over his alleged use of the 'n-word', is reportedly signing a three-year deal with the BBC despite the row.

Clarkson is on the verge of signing a new 12-million-pounds deal with the BBC for another mega-bucks three-year contract.

According to express.co.uk, the deal will keep him at the BBC until 2018 - even though bosses warned him after the latest uproar that he is 'drinking in the last chance saloon'.

A BBC source said that there is no question of Jeremy's deal not being renewed, adding that it is being worked on right now. The top executives want him signed up as soon as possible.

The 54-year-old host's lucrative new contract comes despite being officially reprimanded by Director Danny Cohen and forced to apologise after he appeared to the use the n-word while reciting the nursery rhyme Eeny, Meeny, Miny, Moe during a Top Gear out-take, the report said.

There were several calls for him to be sacked but he was saved by Director General Tony Hall.

According to the report, despite the debacle, Clarkson is in final talks with the BBC's top staff for the deal, that will see him paid a one million pound fee per year, as well as a sum of around three million pounds annually from BBC Worldwide for Top Gear -merchandise that is sold across the globe.