This Morning starlet Holly Willoughby is said to be braced of a major legal battle.
The TV starlet split with her former agents last year before setting up her own company.
Now reports claim that a £10 million row has kicked off over claims they are owed commission.
A source says Holly is contesting the idea that her former agents could collect a cut of any contracts they helped negotiate should they be renewed in the near future.
A insider told The Sun: “No one wanted this to go legal but Holly won’t simply give away her hard-fought millions without a fight.
Holly Willoughby is said to be braced for a legal battle (Image: ITV)
“This is a sad finale to what was once a hugely successful partnership.”
Her former agents are believed to “feel entitled to maximise a sunset provision to claim commission on the renewal of contracts”.
The source added: “This means, if she signed a new three-year deal with ITV worth £10million, say, they’d be entitled to around £1.5million of it”.”
A rep for Holly Willoughby declined to comment.
A rep for Holly’s former agency YMU Group has been contacted by Daily Star.
Holly Willoughby is one of ITV’s biggest stars (Image: hollywilloughby/Instagram)
The commission is said to be around 15% and reported to continue for “years and years”.
The publication adds that “in theory, Holly could be 65 and still paying out hundreds of thousands”.
In August 2020 Holly launched Roxy management – her own talent agency.
Report claimed she would work with an all female line-up.
A source at the time said: “Lockdown has given her time to reflect and think about her future.
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“In many ways, it has become the perfect opportunity to start afresh and it was just time for a change.
“She is really excited about managing herself and having more say over decisions on a day-to-day basis.
“She has always had such incredible business sense and is proud to be a working mum and career woman.
“Her taking control back does not surprise me — it feels very natural and like the logical next step.
“She has been after a better work-life balance for a while and thinks this is the ideal next step.”
Holly is one of the biggest stars on TV thanks to her regular This Morning slot and co-hosting Dancing On Ice.
Source: Celebrities - dailystar.co.uk
