Madonna to give Ritchie £32m divorce package

London (ANI): Pop singer Madonna is reportedly set to hand out 32 million pounds to ex-hubby Guy Ritchie as part of the divorce package. The RocknRolla director is said to receive 12 million pounds in cash in his account in addition to having ownership of the Queen of Pop"s 20 million pound Ashcombe House country estate in Wiltshire.

The Brit will further hold on to his 3 million pound Punchbowl pub as the 'Material Girl' keeps their London marital abode, reports News of the World. However, a pal close to Guy, already worth 30 million pounds, revealed that the filmmaker did not want any cash piece of the megastar's 300 million pound wealth.

The source said: "He 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 as compensation. Guy's 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."