Holly Willoughby is in crisis talks on This Morning due to her former management company’s “extortionate” demands over her salary, it’s reported, and she could even quit over it
Holly Willoughby is in crisis talks on This Morning due to the “extortionate” demands of her former management company, who want a stake of her earnings despite no longer representing her, it’s reported.
The 40-year-old, who hosts the show alongside Phil Schofield, is said to be preparing to go to court with the group over their reported demands of £200,000 worth of her earnings per year.
It’s thought Holly earns an estimated £600,000 at present from her This Morning contract, after she joined Phil at the helm in 2009.
When Holly split from her former management company YMU, which still represents Phil, she set up her own, named Roxy Management, instead.
Holly Willoughby and Phillip Schofield have hosted This Morning together for 12 years (Image: ITV)
A source told The Sun : “This is not about the money, it’s the principle of the thing.
“There has never been any question over commission on contracts that they concluded – this is about what happens moving forwards now that they arent involved, and them trying to handcuff her for years to come. Its just not right.”
They added: “She loves This Morning, and really doesn’t want to leave. She is committed to the show, but has been given no choice but to discuss her options moving forwards.
It is reported Holly Willoughby could walk away from This Morning over the row (Image: Ken McKay/ITV/REX/Shutterstock)
The source also claimed Holly wants to “stand up for women” and so will not be going down without a fight.
They also revealed Holly “adores Phillip” and does not want to leave This Morning – but would do so if she had no other option.
It’s reported ITV do not want Holly to leave and so will be doing everything in their power to keep her at the helm.
The Mirror has contacted representatives for Holly Willoughby, MYU Management, and ITV for comment.
Holly Willoughby set up her own management company, Roxy Management (Image: Instagram/hollywilloughby)
Holly recently revealed she has written a new autobiography Reflections, which she described as a collection of “thoughts and musings from me on inner and outer beauty”.
The book – available 28th October 2021 – will contain memoirs from Holly’s life as well as “little pieces of me.”
She vowed to “share her truths” between the covers of the book, and is her “celebration of how inner and outer beauty can work together in perfect harmony.”
Holly and Phil have been by each other’s sides for 12 years (Image: Ken McKay/ITV/REX)
Holly wrote to her fans: “Now, I’m finally at a point in my life where I can see a little more clearly and I want to share my truths in the hope that maybe they’ll help you too.
“This book is my celebration of how inner and outer beauty can work together in perfect harmony.
“I hope this book will start conversations, whether theyre about how to find your signature lipstick, reclaim your sexuality, or treat yourself more kindly…
“…ultimately, what it means to feel beautiful, confident, complete. You can pre-order signed copies if you like, using this link… https://linktr.ee/ReflectionsBook. I cant wait to share it with you all and yet can’t help but feel nervous at the same time…|