Former footballer Ian Wright has been named as the new host of Moneyball, a major new primetime gameshow for ITV.

The format sees contestants accumulate money in their bank by answering questions correctly, and in the show's twist, "the difference between winning life-changing money and going home with nothing rests entirely on the bounce of a ball".

"Look who's got a brand new game show!" said Wright. "From the moment ITV got in touch with the idea, I was hooked and there was no way I could've said no to Moneyball.

"It's exhilarating, fun, dramatic, everything you want from a game show. Even though I know I'll want everyone to win the money and even though I know I'll be in bits when they lose, I can't wait for everyone at home to experience the real drama of Moneyball."

The show is due to air later this year.