ITV is reportedly planning on ‘upping’ Holly Willoughby’s salary in the event of the presenter’s legal fight with her old agents reaching “crisis level”.
In February, the 40-year-old This Morning presenter was reported to have hired lawyers to hit back at YMU Group after the company demanded a percentage of her future earnings.
YMU Group are Holly’s old agents who also currently manage her This Morning co-star Phillip Schofield.
ITV network bosses are apparently scared to lose Holly and fear she will depart from her This Morning job if she is forced to pay YMU the estimated 15% provisions they are asking for.
(Image: ITV)
Speaking to The Sun, a source claimed: “Holly’s YMU row sparked some serious worries at ITV as they know how adamant she is that she shouldn’t have to pay them.
“They are hoping the situation can be amicably resolved. But they have agreed a last-resort plan to up her salary if it was to reach crisis level and they can ill-afford to lose her.”
The Sun added: “They have not yet had a conversation with Holly about this and she’d never dream of asking for a raise.”
Sunset provisions like the 15% cut YMU are asking for are commissions taken by agents from a star who they used to represent – so in theory YMU could make a profit from her future appearances on Dancing On Ice and This Morning.
(Image: hollywilloughby/Instagram)
Mother-of-three Holly created her own agency called Roxy last year, formed of female professionals, and she’s now her own boss as she manages herself.
She is reportedly willing to pay YMU commissions on jobs arranged while she was under their management, but not if those contracts are renewed, The Sun has reported.
Holly has been told she could be forced to pay YMU up to £10,000 if they win their fight against Holly’s new legal team.
A source told The Sun: “No one wanted this to go legal but Holly won’t simply give away her hard-fought millions without a fight.”
(Image: ITV)
They continued: “This is a sad finale to what was once a hugely successful partnership.
“But YMU seem unhappy she’s set up on her own and feel entitled to maximise a sunset provision to claim commission on the renewal of contracts.”
Holly reportedly left her agents YMU back in August after 13 years after planning to set up her all-female team and manage herself.
As we previously reported, Holly could now be facing a £10 million pound legal battle with her old agents after launching the company.
Source: Celebrities - dailystar.co.uk
