Elton is in talks with the BBC to appear on their big-budget remake of Come Dancing.
BBC bosses want Elton, to sing live as celebrities dance with their partners. The superstar made a big impact on producers after he coached hopefuls and performed on Pop Idol.
Enrique Iglesias and Holly Valance are also being lined up to appear on Strictly Come Dancing.
A BBC insider said : We are very keen indeed for Elton to perform on the show. Bosses want a big star to sing live every week as the celebrities show off their dance moves. They hope big names like Elton will sign to make the show a great entertainment event."
The Saturday night show will feature celebrities instead of competing teams of experts. The confirmed star line-up includes antiques expert David Dickinson, actress Claire Sweeney and EastEnders star Christopher Parker (Spencer Moon). Opera singer Lesley Garrett, BBC Breakfast News host Natasha Kaplinsky and rugby league legend Martin Offiah will also appear.
They will pair up with ballroom experts, including world champion Paul Killick, when the show begins on BBC1 on May 15.
A spokeswoman for the BBC said: We are in talks with a lot of acts to sing on the show but nobody has signed yet.