Amanda Holden’s husband Chris Hughes ‘quits’ as director at Phillip Schofield’s former agency06/16/2023
Amanda Holden's husband Chris Hughes has reportedly "quit" as the director at talent agency YMU, which sensationally dropped former This Morning presenter Phillip Schofield last month.
YMU still represents Amanda and her fellow Britain's Got Talent judge Simon Cowell. According to MailOnline, Chris resigned as a director of the holding company of YMU nearly two months ago, on April 18.
The business is also said to have called in trusted advisers to explore financial restructuring.
What's more, according to its latest accounts, the company made a loss of £4.8million and still has net liabilities of £74.7million.
Chris is one of ten directors who have quit the company in the last three years, according to the publication.
A source also told MailOnline that two of the ten departing directors were employees of YMU’s buyers Trilantic. They subsequently left the firm.
OK! has contacted a representative at YMU for comment.
Another person close to the company also suggested that YMU may be exploring the possibility of putting its assets up for sale, and has even been in talks with creditors Lloyds and Pereira Credit for the last few weeks.
The publication also claimed the company have appointed the consultants AlixPartners to perform an independent business review.
Company boss Mary Bekhait reportedly sent an email to staff earlier this month citing "economic conditions" as the reason.
"Like all businesses that rely on live entertainment, music and sport, we were impacted by the pandemic and obviously economic conditions are tough at the moment," it reportedly read.
It went on to say that the business has recently signed some major new talent, fan-favourite model Emily Ratajkowski and IT girl and pal of Britney Spears, Paris Hilton.
"We are on track for significant profit growth in 2023," Mary added.
It comes as disgraced TV star Phillip was dropped from YMU after he admitted to having an "unwise but not illegal" affair with a much younger colleague on the set of This Morning.
The former ITV host also stepped down from all his work commitments at ITV.
Previously, Amanda was embroiled in rumours of a feud with This Morning host Holly, 42, which she vehemently denied in a statement on her Instagram stories.
The reports grew after Amanda appeared to mock the star following her return to the ITV daytime show.
As well as a video in which Amanda wore a white outfit uncannily similar to Holly's "return" dress, in which she gave a statement to the public alongside her co-host Josie Gibson, the star also asked her followers if they "are ok".
What's more, during an appearance on her breakfast show, Jamie Theakston jokily asked her about her mental health, in which Amanda cheekily quipped "I'm ok. Are you ok?"
Despite these two incidences of apparent mocking, and subsequent rumours of a rift between the two stars, Amanda insisted a rift "simply does not exist".
She also said that reports of a "feud" between her and Holly were "utter rubbish" as she lamented "women being pitted against each other".
"Sadly strong and intelligent women have for far too long been pitted against one other when we should all be celebrated in our own right," the star added at the time.
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