It's been a bumpy few months for James Caan. Firstly, a nine-month feud with fellow Dragon Duncan Bannatyne saw the pair give each other the silent treatment for the duration of the last series. Then there was the "BabyGate" debacle in Pakistan. Then the fall-out with Dragons' Den entrepreneur Sharon Wright, who has lambasted the Dragon over her experiences with the investor. You could say that life in the public eye has gone somewhat sour. Unsurprisingly then, Caan is about to say, "I'm out!"
The Daily Mail reveals today that James Caan plans to step down from the show to concentrate on his business interests. "My work and philanthropic interests mean I can't devote the time required to the Den any longer," says Caan. "Dragons' Den has been an integral and exciting part of my professional life, and I thank the show profusely for letting me be a part of it for so long."
His resignation - if genuine - begs this question: Who will replace him?
Could this be fodder for a reality TV show, perhaps? The end of the last series of The Apprentice has left a giant hole in our television viewing schedule. How about a programme humourously entitled "Chasing the Dragon" to find a new investor for the Den?
Smarta thinks that Luke Johnson would make a delightful addition to the show. The serial investor has just exited two businesses: Seafood Holdings and Interquest, so he's in the market for new opportunities. Or perhaps Robin Klein of the Accelerator Group. His investment savvy is second to none.
Who do you think would do well in the Den? Leave your comment below.