Supermodel Kate Moss is set to join Simon Cowell and Topshop boss Sir Philip Green's new business venture, according to reports.

The two business moguls, who are creating a fashion and entertainment empire, are said to be keen for Moss to front the style side of the company.

A source told the Daily Mail: "She will also be involved in finding and signing new bands and promoting them.

“She has a big network of people they have no access to. In return, Kate will net a share of the profits.

The newspaper claims Moss's personal fortune looks set to double to £100million as a result of the deal.

The supermodel already has a close business relationship with Sir Philip as the face and designer of her own collection for Topshop.