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After decades of denying any affair, the pair who won gold at the 1984 Games, have changed their story during an interview with British TV host Piers Morgan.
In a report published by tabloid the Daily Star, Morgan tweeted ahead of broadcasting the interview: "@torvillanddean finally admit to a romantic past, albeit a very short one ...".
Under questioning by the chat show host, the pair is reported to have admitted: "yes, we dabbled".
British Torvill, now 55, and Dean, 54, left a global audience wanting more after they achieved a perfect score for their freestyle performance to Ravel's Bolero at the Sarajevo Games.
The duo has found continued fame most recently for their appearance on TV show Dancing On Ice.
Dean, who has been married twice, is now reported to be in a relationship with show judge Karen Barber. Torvill is a married mother of two.