Axed Jeremy Kyle could get £3m pay-off

Jeremy Kyle could walk away with a £3million golden goodbye after ITV axed his disgraced chat show, the Daily Mail can reveal.

Even before the show was scrapped yesterday, Kyle had swiftly set up his own media company to safeguard his future.

He registered Hales Media Limited on Tuesday, giving his nanny-turned-fiancee Victoria Burton, 35, a stake.

Jeremy Kyle, pictured, registered Hales Media Limited on Tuesday along with his 35-year-old nanny-turned-fiancee Victoria Burton

Jeremy Kyle, pictured, registered Hales Media Limited on Tuesday along with his 35-year-old nanny-turned-fiancee Victoria Burton

ITV bosses axed Kyle's show yesterday follwoing the suicide of Stephen Dymond who was a guest on a show which was yet to be broadcast

ITV bosses axed Kyle's show yesterday follwoing the suicide of Stephen Dymond who was a guest on a show which was yet to be broadcast

The arrangement, potentially to shield future earnings comes after it was claimed that the presenter, known for his aggressive interviewing style, was ‘afraid of being made a scapegoat’ by ITV. Kyle has stayed silent but ITV made the drastic announcement it was scrapping his show hours after the Mail published a string of revelations.

These included how a husband accused Kyle’s producers of fabricating an entire story about his wife cheating – making the couple learn scripts and take a ‘fake’ lie detector test.

ITV said it ‘did not recognise’ the claims but it was just the start of a torrent of allegations against the ‘bear pit-style’ show, whose producers allegedly provoked confrontations among vulnerable guests to whip up a baying audience and boost ratings.

It follows the suspected suicide of grandfather Stephen Dymond, 63, who was distraught after failing a lie test on the show and told relatives Kyle had ‘really laid into him’.

Mr Dymond was found dead at his Portsmouth flat by his landlady, who criticised Kyle, saying: ‘He has not even come forward and said he’s sorry.’

Stephen Dymond, who appeared on the show, was found dead at his Portsmouth flat by his landlady, who criticised Kyle, saying: ‘He has not even come forward and said he’s sorry'

Stephen Dymond, who appeared on the show, was found dead at his Portsmouth flat by his landlady, who criticised Kyle, saying: ‘He has not even come forward and said he’s sorry'

Shortly before 10am yesterday, ITV network chief Carolyn McCall admitted it was ‘the right time’ for the axe to fall, announcing: ‘Given the gravity of recent events we have decided to end production of The Jeremy Kyle Show.’

There has been no suggestion that Kyle has been criticised by ITV for his conduct on the show and Miss McCall said the channel would continue to work with him. More than 3,000 episodes have been shown since July 2005, attracting millions of loyal fans

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