There is mounting speculation that Britney Spears will take to the stage at this year's MTV Video Music Awards to redeem herself after last-year's train wreck performance:

Now, desperate to rebuild her career and recover fully from that nightmare period, 26-year-old Britney intends to bounce back at the scene of her humiliation.

Van Toffler, president of MTV Networks Music Group, said: “Everyone deserves a second or third chance, right?

“I’m not sure how we top Britney opening the show but we are working on it every minute of every day.”

Britney is already appearing in commercials previewing next month’s event at Paramount studios alongside Russell Brand, who will host the show.

A friend said last night: “She is as nervous as hell but at the same time itching to get back in front of the same audience where she screwed up so badly last time.“

It is the perfect platform for her to announce to her fans and the world that the dark days are behind her and she’s back on track with her life and her career.