Guy Ritchie Turns Down $40 Million Madonna Settlement?

Guy Ritchie is refusing a settlement of $40 million in his divorce from Madonna, say reports.

According to Madonna biographer J Randy Taraborrelli, things are far from getting sorted as the pair settle the terms of their separation.

He tells Hello! magazine: "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."

Madonna is being represented by Fiona Shackleton in the case - the same lawyer Paul McCartney hired as he battled ex-wife Heather Mills.