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25 July 2012, 13:47 | Updated: 25 July 2012, 13:56
The 'Call My Name' star is top of the list should one of the current coaches depart from the show.
Jessie J and Sir Tom Jones have been caught up in reports that they are set to leave The Voice UK leading to Cheryl Cole being named as the favourite to replace one of the current line-up should any depart.
The '3 Words' singer is currently at odds of 5/2 with bookmakers Paddy Power to join the show – which is a rival to Simon Cowell's X Factor.
The Girls Aloud star has vowed that she would never return to a judging position on a music reality show but is still tipped for a role on next year's series.
Westlife's Kian Egan, Robbie Williams and Nicole Scherzinger are also favourites at similar odds.
Adele is currently at 14/1 to take a position on the show with Nicki Minaj and Ed Sheeran at 33/1.
You can view the top ten of Paddy Power's odds for the line-up of the new series of The Voice UK below:
Sir Tom Jones recently admitted he wanted the whole coaching team to get back on board for a new series.
Meanwhile, fellow coaches Danny O'Donoghue and Will.i.am have teamed up for The Script's new song 'Hall Of Fame' which received its first play on Capital this week.