Cher, 79, in a ‘Open Relationship’ with 39-Year-Old Boyfriend?

Hollywood just gasped — again. Music icon Cher, 79, has allegedly struck one of the wildest celebrity “love deals” in years with her much younger boyfriend, Alexander “A.E.” Edwards, 39.

Sources claim the Believe singer is so desperate to keep her younger man around that she’s actually giving him permission to sleep with other women — as long as he keeps it quiet and always returns to her side.

“She knows he’s going to play around,” one insider told sources close to the couple. “At this point, she doesn’t even try to stop it. Cher just wants him to be discreet and stay loyal in public.”

The bombshell revelation comes after the pair were caught in an over-the-top PDA moment at a luxury hotel opening in New York City, where onlookers described Cher as “clinging to him like a lovesick teenager.” But off-camera, sources say the relationship is anything but steamy.

“There’s barely any real intimacy,” one source dished. “She treats him like a companion, not a lover. He makes her feel young, and she pays him back with luxury — it’s that simple.”

And the perks? Unreal. Insiders say A.E., who shares a child with Amber Rose, is “living like royalty” on Cher’s dime — from designer wardrobes and private jet rides to lavish five-star hotels and VIP access wherever she goes.

“She’s basically bankrolling his lifestyle,” the source added. “But in exchange, he plays the role of her devoted partner in public and doesn’t get caught messing around. It’s a mutual deal — passion traded for companionship.”

Cher’s estimated $360 million fortune makes the bizarre setup easy to maintain, while A.E.’s net worth reportedly hovers around $2 million. “She knows exactly what this is,” said one insider. “She’s not looking for romance anymore — she’s looking for control. And A.E. knows the game. He’s playing it well.”

As one Hollywood observer put it: “It’s not love — it’s a contract written in diamonds and private jet fuel.”