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Wednesday, 29 October 2008

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Guy Ritchie 'rejects £20m settlement offer' from Madonna

Couple said to be at loggerheads over where children will live

Madonna and Guy Ritchie wed in December 2000

Madonna has allegedly offered Guy Ritchie a £20 million settlement if he agrees to her wishes over where their children are bought up.

Her biographer J Randy Taraborrelli says the couple, who announced their separation 2 weeks ago, are yet to finalise where their kids will live.

Guy is believed to want Rocco, 8, and adopted David Banda, 3, to be educated in England.

But Madonna, who also has daughter Lourdes, 12, with ex Carlos Leon, wants to relocate to New York.

‘There was a great deal of haggling about this last week with Madonna upping the amount of Guy’s settlement to more than £20 million in hopes he would acquiesce,’ he tells Hello!

He claims Guy, 40, rejected the offer, which he says has further soured his relations with Madge, 50.

‘They are not even speaking to each other and communicate only through lawyers,’ he adds.

SEE GALLERY Madonna and Guy Ritchie – a love story gone wrong>>