Denise Richards officially has a new gig, as the latest cast member on The Real Housewives of Beverly Hills

Denise Richards Confirms She's Joining The Real Housewives of Beverly Hills: 'I Am So Excited!'

The 47-year-old actress confirmed her participation in the hit Bravo show’s upcoming ninth season exclusively to PEOPLE, saying “I am so excited to join the cast of [RHOBH] as I am a huge fan of the show.”

Get push notifications with news, features and more.

“I am looking forward to spending time with all the ladies… and hopefully meeting Boy George!!” Richards added to PEOPLE, referencing Kemsley’s close friendship with the ’80s pop icon. (Her husband, Paul, is Boy George’s manager.)

Image zoom Kyle Richards, Teddi Mellencamp Arroyave, Lisa Vanderpump, Erika Girardi, Dorit Kemsley and Lisa Rinna Tommy Garcia/Bravo

PEOPLE first reported back in June that Richards was in talks to join the reality TV franchise; a source said at the time that the deal was “not final yet” but “very close.”

“Everyone is really excited about the possibility of having her on board!” said the insider.

RELATED VIDEOS: The Most Shocking Moments from the Real Housewives

The Wild Things star had been rumored to be in discussions with producers for years, but “the timing was never right,” a second source close to the show told PEOPLE.

“Denise has been wanting to join the show for a long time,” the source explained. “She’s a huge Housewives fan and watches all of the shows. And she has close relationships with many of the women in real life, including Kyle and Lisa Rinna.”

“The timing was never right for her in the past, but the producers needed to shake the dynamic of the show up after a season without much conflict,” the source continued. “She’s going to be a great fit. She’s not afraid of the drama. And she lives a glamorous, Hollywood life — which the show looks for.”

Image zoom Denise Richards and Kyle Richards on Watch What Happens Live with Andy Cohen Bo Powell/NBC/NBCU Photo Bank via Getty

Image zoom Lisa Rinna and Denise Richards Stefanie Keenan/WireImage

RELATED VIDEO: The Real Housewives of Beverly Hills Go Makeup-Free

Richards is a mother of three daughters: Sam, 14, Lola, 13 and Eloise, 7. (Sam and Lola’s dad is Richards’ ex-husband Charlie Sheen.)

She’s also no stranger to reality television. Her show Denise Richards: It’s Complicated, ran for two seasons on E! before ending in 2009.

RHOBH premiered on Bravo in 2010. It was the sixth installment of Housewives franchise the network developed, following Orange County, New York City, Atlanta, New Jersey and the now-cancelled D.C.