Over 200 celebrities have taken part in the show over the 245 episodes, which have required an estimated tens of thousands of sequins since it was first broadcast in 2006.

Earlier this month  Holly Willoughby and Stephen Mulhern announced Sam Aston would lift the trophy after competing against Anton Ferdinand and Michaela Strachan in the final of the most recent series.

But days later, rumours began to whirl that the show’s future was in jeopardy after dwindling viewing figures and high production costs.

Ahead of the final, staffers were reportedly warned that the show was over unless there were some sensational finale viewing figures.

They told The Sun: ‘Dancing On Ice is an expensive production and there are questions over whether ITV is getting bang for its buck.

‘Staff working on it aren’t holding out much hope.’

They also claimed there was ‘no denying’ the format had become ‘tired’ and they were failing to attract big names so if Dancing On Ice continues, it will need a major revamp.

‘Changes are needed and it’s likely it’ll be rested and given a new lease of life,’ the source added.

In response, an ITV spokesperson told Metro: ‘The Dancing on Ice team has been fully concentrating on the much anticipated series finale last night and therefore no decision has been made.’