Jeremy Wells has reportedly been presented with a contract to replace Mike Hosking as host of TVNZ's flagship current affairs show Seven Sharp.

Referencing a source "familiar with the negotiations", The Spinoff is reporting that Wells is close to signing.

Spy first suggested Wells would make a good replacement last year, when Hosking announced his sudden departure from the show.

Wells has long-relished mocking Hosking in the Radio Hauraki series Like Mike, in which he parodies the broadcasting titan.

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But what began as a joke appears to have become reality as Wells was later invited to screen test for the role, reportedly impressing TVNZ bosses.

When questioned Wells, who co-hosts the Hauraki Breakfast with Matt Heath, had no comment.

"I'd love to comment but I have no comment," he said.

In a statement, TVNZ said: "We don't discuss individual employment negotiations publically. We'll share any announcements regarding our line-ups when we have news to tell."

Likewise, NZME - publisher of the Herald and owner of Radio Hauraki - would not comment on the story.