Regis Philbin — ‘Broke My Heart’ to See Paterno Statue Removed

Regis Philbin wasn”t among the college football fans who were THRILLED to see Penn State take down the iconic Joe Paterno statue … in fact, Reg tells us, “It broke my heart to see that.”

Reg — an avid Notre Dame-aholic —  was out in NYC yesterday where he told us he actually felt bad for the people in Happy Valley.

“I think the Penn State sanctions were overdone … really excessive in so many ways.”

Regis says the NCAA punishment “hurt a lot of people who had nothing to do with this whole thing.”

Of course Reg didn”t just bitch about the problems … he also offered some solutions.

Check out the clip …