PLAYBOY has reportedly offered sexy Cheryl Cole £500,000 to bare her bits.

The famous men’s magazine wants the stunning X Factor babe for a centrefold shoot.

Bosses at 84-year-old media mogul Hugh Hefner’s publication think Cheryl, 27, has the perfect looks to be a hit in the States.

They reckon her quirky accent and toned bod make her perfect to follow other famous centrefolds such as US reality star Kim Kardashian, 29. Bosses are said to have promised the Geordie babe half a million pounds to pose wearing nothing but her famous northern smile.

They are on a mission to find gorgeous Brits after Kelly Brook, 30, proved hugely popular.

The Daily Star discovery was snapped in a lacy thong, bow-tie and black bowler hat for the magazine’s September edition.

But down-to-earth Girls Aloud star Cheryl looks set to turn down the offer of appearing in the buff, insisting it is not for her. A pal said: “Cheryl is incredibly flattered by the offer but she’s always been fundamentally opposed to going nude in magazines.

“She reckons it’s great if other girls can do it, but it really isn’t her.

“People won’t believe it but she is actually incredibly shy when it comes to all that stuff.”

Cheryl has also been warned not to pile her workload high as she recovers from malaria.

The insider added: “Cheryl has a fortune of £10million. It’s not like she needs the money.”

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