The This Morning star opened up on Chris Evans' How to Wow podcast this week, about reports of the pair's 'feud'.
WATCH: Phillip Schofield reveals he is gay
"There was nothing that was being said that had any truth in it whatsoever. There was no and there has never been a feud with Holly," Phillip said.
"When they’re writing 'Phillip and Holly and feud' we couldn’t have been closer because I’d told her my secret and she was holding me together at work."
Phillip opened up about his sexuality to Holly on This Morning
The "secret" Phillip is referring to was him hiding the fact he is gay, which he revealed in February this year on Instagram, before discussing his sexuality with Holly live on This Morning.
Last year, Phillip was at the centre of reports that claimed "multiple presenters" had complained about him creating a "toxic atmosphere" on the set of This Morning.
Phillip and Holly have no plans to leave This Morning
It was also claimed that he and Holly had fallen out, with Phillip at the time branding his co-star his "sister" in a bid to put the claims to bed.
Holly also addressed rumours of a rift at the time, insisting that they couldn’t work together if they didn’t like each other. Speaking to Newsbeat, the mum-of-three said: "You couldn’t do the amount of hours of TV that we do with each other without getting on."
During his chat with Chris, Phillip also cemented his and Holly's future on the popular ITV show. "It’s constantly reported, Holly and Phillip leaving This Morning… no matter how many times we say, there are absolutely no plans to leave This Morning. There are literally no plans for me to leave This Morning, I adore that show."
Like this story? Sign up to our newsletter to get other stories like this delivered straight to your inbox.