John & Edward 'earn £40,000 per gig'

John & Edward are reportedly earning £40,000 a concert.

The News of the World claims that the X Factor twins perform just three songs at each gig.

They are allegedly the highest-paid X Factor contestants other than the winner Joe McElderry, who will earn £50,000 per concert when he starts performing next year.

Olly Murs, who is the third-highest paid contestant, costs just £7,500. Rikki Loney, who was voted off the show in the second week, receives the least amount of money at £1,500 per gig.

"These figures prove this year's real sensations are Jedward," a source said. "They'll end up making a truckload more than those others. The X Factor was all about Jedward this year. The winner is always looked after financially but there are no guarantees for second, third and fourth place.

"Jedward are in a plum position because they're being looked after by judge Louis Walsh who wants to make them a lot of money - and make sure they're in a position to keep making money in the future. He'll be closely monitoring their performances so that they don't become over-exposed."

The X Factor finalists will reportedly also all receive £100,000 for taking part in the tour.

"The losing finalists could easily triple that amount - or more - over the next six months through money-spinning corporate performances and club gigs," the insider continued. "It could mean the biggest paydays they'll ever get.

"There's nothing to stop them doing two or three appearances a day at the moment. Right now they're hot and they have to capitalise on that while they can."

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