The girl band's members - Louise Redknapp, sisters Easther and Vernie Bennett and Kéllé Bryan - are said to be in talks with producers who desperately want them for the second series.
It has even been reported that Louise, who has had the strongest solo career since leaving the band, has been offered a cool £500,000 to take part.
A source told The Sun: "Eternal are really keen to reform. They've had some huge hits."
The four singers formed in 1992 and shot to fame with their debut single 'Stay' a year later. The track went in at No 4 in the UK singles chart.
In 1996, Louise left the band to pursue her solo career and had several top ten hits. A year later, the remaining members of Eternal achieved their first No 1 with 'I Wanna Be The Only One'.
But in 1998, things took a turn for the worst. At the time, it was reported that Easther and Vernie "sacked" Kéllé by fax following a "breakdown" in their professional relationship.
The sisters hired a new member, TJ, but she left within a matter of days. They called it a day themselves soon after.
Check out Eternal's blast from the past video for 'I Wanna Be The Only One' below.
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