Disgraced Phillip Schofield goes from making £1million a year to paltry £7,248

He earned more than £1million a year when he was a fixture of daytime TV, but three years after his spectacular fall from grace, Phillip Schofield, 64, is feeling the financial cost of life as a television outcast.

His media company Fistral Productions added a paltry £7,248 to its reserves during its latest financial year.

It’s a dramatic reversal of fortune for Schofield, who co-hosted ITV’s This Morning for 20 years till he quit in May 2023 after admitting to lying about an affair with a much-younger male colleague.

Married father-of-two Schofield had come out as gay in a live interview on the show

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