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A rep for Madonna says Madonna will pay at least £50million to Guy Ritchie for their divorce settlement. This is made up of £2.4million in cash and a large portfolio of property including homes in London, New York and Wiltshire.

According to the Daily Mail, Madonna’s spokeman Liz Rosenberg took the unusual step of speaking publicly about the settlement yesterday to refute earlier speculation that he was in line to get next to nothing: Guy Ritchie Doesn’t Want Madonna’s Money.

She claimed Ritchie would receive between $76-92million (£49-£60m) in cash and property. ‘I’d assume it’s one of the largest payouts ever in a divorce settlement,’ Miss Rosenberg said. She added that custodial arrangements for the couple’s children had yet to be finalised.

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