Madonna's 32m Guy

Dec 7, 2008, 11:00 GMT

US singer Madonna performs during her concert at the Monumental de River Plate Stadium in Buenos Aires, Argentina, 05 December 2008, as part of her \'Sticky and Sweet Tour\'. EPA/LEO LA VALLE

Madonna is reportedly set to give Guy Ritchie a £32 divorce pay-off.

The 50-year-old singer - who raises three children with Guy - will be depositing a £12 million cash payment in the film director's bank account "imminently" after he agreed to let her keep their former marital home in London.

Madonna, who is said to be worth a staggering £300 million, has also allegedly agreed to give the 'RocknRolla' star the keys to her £20 million Ashcombe House estate in England's Wiltshire district.

A source said: "Guy is getting one lump sum imminently. Guy wanted to stay in their London home but Madonna refused to split it in two and eventually gave him £12 million in compensation. She decided early on that he should get Ashcombe.

"Guy ducked out of fighting over her fortune, even though he could be entitled to a big chunk. He never wanted any cash handouts. He agreed with Madonna's demands to keep the peace."

Madonna is also reportedly furious over claims the 40-year-old director is leaving their seven-year marriage with nothing.

A friend of the 'Miles Away' singer explained to Britain's News of the World newspaper: "Madonna is annoyed at reports that Guy is walking away with no money - she has sorted his finances for life."

Madonna and Guy's lawyers are said to have finalised details of the financial agreement after they were given a decree nisi at the clinical Principal Registry of the Family Division in High Holborn, London, last month.

The pair - who share custody of seven-year-old son Rocco and three-year-old adopted son David, while Madonna maintains full custody of 12-year-old Lourdes, her daughter from a previous relationship - will have until the New Year before their decree absolute is awarded, officially ending their marriage.