Holly Willoughby is reportedly embroiled in a legal battle with her former agents YMU, said to be worth £10million.
This Morning star Holly, 40, is said to have hired lawyers to fight demands for commission from her former agent.
Holly, who recently broke down in tears over Emma Willis’ new documentary, is said to have met with top lawyers to help her hold on to her money.
It’s understood the blonde bombshell has been told she faces a seven-figure payout, should YMU be successful.
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A source told The Sun Online: “No one wanted this to go legal but Holly won’t simply give away her hard-fought millions without a fight.”
Holly’s reported fallout is said to be over sunset provisions, where agents collect commission from a celebrity who has left them.
They would seek a cut if Holly’s contracts with shows including This Morning and Dancing On Ice are continued.
A source added: “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.
“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.
“This commission — around 15 per cent — would continue for years and years. In theory, Holly could be 65 and still paying out hundreds of thousands.
“She has no qualms in paying commission on jobs they previously helped her negotiate.
“From YMU’s side, they worked exceedingly hard on Holly’s behalf for years, helping her establish six-figure deals and contracts and this is simply business.
“No one wanted this to go to legal but Holly won’t simply give away her hard-fought millions without a fight.”
Holly’s representatives declined to comment when contacted by OK! online while YMU are yet to respond.
It comes after Holly left the showbiz agency YMU in August last year to launch her own talent company, Roxy Management.
A source said at the time: “Lockdown has given her time to reflect and think about her future.
“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.”