According to reports, Austin will enter this year's house for the UK vs. USA theme, and producers are hoping his antics become another ratings hit.
Austin was notorious for spats on US reality show The A-List and he is also an ex-boyfriend of fashion designer Mark Jacobs.
The Mirror reports that Austin has met with Channel 5 producers on multiple occasions in London.
Channel 5 confirmed last week that, as speculated, CBB will return with a UK vs. USA theme. Celebrities from both sides of the pond will take part in the ultimate house battle.
Producers teased: "Expect all the excitement of a big sporting event as the Brits and the Yanks come head to head."
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