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Monday, 8 December 2008

Madonna and Guy Ritchie agree £32m divorce settlement

Couple's lawyers agree on deal

Madonna and Guy Ritchie split in the summer, though didn't announce the break-up until last month

Madonna is said to have given ex-husband Guy Ritchie a £32 million divorce payout.

The couple were granted a decree nisi at the High Court in November, shortly after announcing they'd separated.

It is thought Madonna, 50, has handed over the keys to their £20 million country estate in Wiltshire and given Guy, 40, a cash sum of £12 million.

The director - who is thought to have signed away any claims to her £300 million fortune - will also keep his £3 million pub The Punchbowl.

‘He never wanted any cash handouts,’ a pal tells the News Of The World. ‘He agreed with Madonna’s demands to keep the peace.’

The pair will share custody of sons Rocco, 7, and adopted David Banda, 3. Guy will also be able to see Madge's daughter Lourdes, 12, from her relationship with Carlos Leon.

SEE GALLERY Madonna and Guy Ritchie: A love story gone wrong>>

SEE GALLERY Madonna at 50>>

Alison Adey

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