Phillip Schofield's agent has issued a statement after the broadcaster was dropped by his management company.
The 61-year-old stepped away from This Morning last weekend as reports an alleged feud with Holly Willoughby reached fever pitch. Tonight the host confirmed he would be stepping away from the channel with immediate effect.
He told the Daily Mail: "'I have therefore decided to step down from the British Soap Awards, my last public commitment, and am resigning from ITV with immediate effect expressing my immense gratitude to them for all the amazing opportunities that they have given me."
READ MORE: Stark warning to anyone who drinks Diet Coke regularly
Mr Schofield was previously signed up to YMU Group but the talent management company has confirmed they have dropped the broadcaster. The group CEO of YMU Group, Mary Bekhait, said: "Honesty and integrity are core values for YMU's whole business, defining everything we do.
"Talent management is a relationship based entirely on trust. This week, we have learned important new information about our client Phillip Schofield. These facts contradicted what Phillip had previously told YMU, as well as the external advisors we had brought in to support him.
"As a result, on Thursday we agreed to part company with Phillip, with immediate effect."
In a statement issued to the Daily Mail, Mr Schofield also apologised for having an affair with a runner while working on This Morning. He said: "I did have a consensual on-off relationship with a younger male colleague at This Morning.
"Contrary to speculation, whilst I met the man when he was a teenager and was asked to help him to get into television, it was only after he started to work on the show that it became more than just a friendship. That relationship was unwise, but not illegal. It is now over
"When I chose to come out I did so entirely for my own wellbeing. Nobody 'forced' me out. Neither I nor anyone else, to my knowledge, has ever issued an injunction, super or otherwise, about my relationship with this colleague, he was never moved on or sacked by or because of me.
"In an effort to protect my ex-colleague I haven't been truthful about the relationship. But my recent, unrelated, departure from This Morning fuelled speculation and raised questions which have been impacting him, so for his sake it is important for me to be honest now.
"I am painfully conscious that I have lied to my employers at ITV, to my colleagues and friends, to my agents, to the media and therefore the public and most importantly of all to my family. I am so very, very sorry, as I am for having been unfaithful to my wife."
Receive newsletters with the biggest and breaking TV and showbiz news by signing up here
For more celeb news, videos and pictures follow our designated Facebook page HERE
Aldi shoppers 'amazed' by £50 patio heater with built-in speaker
Coronation Street Ellie Leach declares love for co-star after emotional exit
Holly Willoughby returns to social media after Phil exit to send subtle message
Woman who bought £1 engagement ring in charity shop learns its true value
Mum broke baby's leg before crushing up pills for his bottle
