Guy Ritchie Turns Down $40 Million Settlement From Madonna

Guy Ritchie has reportedly refused to accept a $40 milliom (£20 million) settlement from his soon-to-be ex wife Madonna.

The couple – who announced their divorce recently – are said to be at war over the split, with neither party willing to back down.  

The singer's biographer J Randy Taraborrelli tells Hello!, “There was a great deal of haggling about this matter last week, with Madonna upping the amount of Guy's settlement to more than £20 million in hopes that he would acquiesce.

Another source adds, “I do think it's going to get nasty. He and Madonna are very angry now, no doubt about it, but they are willing to put that aside for their children.

“But I do think that if one sees the other linked up with a new partner so soon, it will make everything a lot more complicated for everyone involved.”

Proving that she means business, Madge has hired Fiona Shackleton, the lawyer who represented Paul McCartney during his divorce from Heather Mills. 

See Madonna flexing her muscles for the fight here