He has already started filming, and was seen with the cast in Marbella on Thursday, as they shot scenes for the two-part summer special which is set to kick-off the new series next month.
Wayne already owns clubs in Ibiza and it is thought his plans to open a venue in Essex will provide a 'new Sugar Hut', after the famous nightspot's boss, Mick Norcross, quit 'TOWIE' and banned the show from filming there.
In other changes for the show, Billi Mucklow, Danni Park-Dempsey and Darrell Privett have all been axed from the cast.
But fans should brace themselves for the most explosive series yet if reports about Sam Faiers and Joey Essex are anything to go by.
The engaged couple became embroiled in a slanging match in a Marbella club, after Sam caught her fiance talking to a group of women.
According to Digital Spy, who witnessed the event, the fight turned physical when Sam pushed Joey and ripped off his necklace, before having to be comforted by producers and sister Billie Faiers.
Only the day before, they were snapped looking loved-up around the pool. Oh how quickly things change in 'TOWIE'.