Today show ratings have been rapidly declining since Karl Stefanovic's departure in December.
However a new report claims the axed Today show co-host is now eyeing a return to the breakfast TV show.
Speaking to Woman's Day on Monday, an unnamed source claimed Today show producers want Karl back in a bid to improve low ratings on the show, which is now hosted by Georgie Gardner and Deborah Knight.
Is Karl Stefanovic (left) making a return to Today? Report claims Channel Nine producers think he has better chemistry with Deborah Knight (right) than Georgie Gardner does
'There's virtually no chemistry between Georgie and Deb, but Karl and Deb work well together and have a sense of humour which resonates with viewers, whereas Georgie is still seen as prim and proper,' the insider said.
Rob McKnight, who is a former executive producer of Studio 10, said bringing Karl back would be a great move for Channel Nine.
'Karl's comeback could be the story of the year. Nine has to face up to the fact it was a mistake to get rid of him.
Low ratings: An insider told Woman's Day on Monday, 'There's virtually no chemistry between Georgie (right) and Deb (left), but Karl and Deb work well together and have a sense of humour which resonates with viewers, whereas Georgie is still seen as prim and proper'
'Now he's been through the worst year of his life, he could come back, reconnect with viewers and really help get the show back on track.'
Daily Mail Australia has contacted Karl and Channel Nine for comment.
Last month, an unconfirmed report by Woman's Day claimed Deborah and Georgie's 'similar' appearances have been a point of contention behind the scenes.
An unnamed source told the publication that Deborah has been advised to change her hair in an effort to win over viewers.
A new low: Just 163,000 viewers woke up with Georgie (3-L) and Deborah (2-L) across the five-city metro markets in early March, marking another all-time low for the Channel Nine breakfast show. Also pictured: Steve Jacobs (left), Tom Steinfort (2-R) and Brooke Boney (right)
'Here's a woman like Deb, a strong force to be reckoned with and one of the best
