Good News Directioners!

We have One Direction until at least 2016!!!!!!!

The £10 million deal that the boys have signed has been being negotiated throughout the majority of 2013.

But the new contract that they have signed means they will release a further THREE albums after Midnight Memories, which will be two more studio albums and then a greatest hits compilation.

An insider told The Sun: “This is a big deal for Simon and the lads.

“It shows confidence that they have a long-term future and that a split or members going solo is highly unlikely. It will easily keep them busy until the end of 2015 and probably 2016 too.

“The boys, Simon and their team have already started planning for their fourth album, even though the third isn’t out yet.”

The £10m will only be the start of the boys earnings as they will also get money from tours, merch, appearances and even more if there is another movie (which we’re really hoping for!)

And incase you still don’t believe this mystery insider, a Syco spokesman confirmed the news last night.

The said: “Simon Cowell and One Direction are delighted to confirm they have agreed to continue their hugely successful relationship with a new long-term agreement with Syco.

“Simon and the band look forward to many years of continued success together.”

Will you sleep easier at night now knowing we’ve got at least another THREE 1D albums to come?