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Madonna and Guy Dispute Settlement Details

Posted Wednesday December 17, 2008 3:54 PM GMT

Taking back what was widely reported earlier this week, it is now being claimed that Madonna is not paying out $76 million to ex Guy Ritchie in a divorce settlement.

Rescinding a statement made on Monday by Madge’s rep, Liz Rosenberg, the two have now released a brand new proclamation claiming that the financial details were inaccurate and that they will be keeping that information private.

The two say, "We have tried to maintain a dignified silence regarding the details of our divorce for the last few months whilst accepting the obvious media interest. A misleading and inaccurate statement, specifically in relation to the sums of money involved, was wrongly issued to AP this week."

"The financial details of the settlement will remain private, save to say that both of us are happy with our agreement. Our primary concern, like any co-parents, is the care and well being of our children," the statement adds.

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