PHILLIP Schofield has admitted having an affair with a “younger” ITV colleague.

The news comes as Schofield recently stepped down from presenting This Morning amid reports of a “rift” with his co-host Holly Willoughby.

In a statement released via the Daily Mail, it was also revealed the affair happened while he was still married to Stephanie Lowe and before he came out as gay.

He said the affair was "unwise but not illegal".

The 61-year-old also announced he has quit ITV completely and is stepping down from his role at the broadcaster’s British Soap Awards which he has been a part of since 2006.

He has also parted company with his management team YMU after 35 years.

Phillip Schofield admits affair with a 'younger male colleague' at This Morning

As published by the Daily Mail, he said: “I am making this statement via the Daily Mail to whom I have already apologised personally for misleading, through my lawyer who I also misled, about a story which they wanted to write about me a few days ago.

“The first thing I want to say is: I am deeply sorry for having lied to them, and to many others about a relationship that I had with someone working on This Morning. 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."

He continued: "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.

“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. I will reflect on my very bad judgement in both participating in the relationship and then lying about it.

“To protect his privacy, I am not naming this individual and my deepest wish is that both he and his family can now move on with their lives free from further intrusion, and that this statement will enable them to do so. I ask the media now to respect their privacy. They have done nothing wrong, and I ask that their privacy should be respected.”