Madonna and her husband Guy Ritchie are divorcing after 7 1/2 years of marriage, her rep Liz Rosenberg confirmed this morning.
"Madonna and Guy Ritchie have agreed to divorce after seven-and-a-half years of marriage. They have both requested that the media maintain respect for their family at this difficult time," says the statement that the couple released.
"The main concern for Madonna and Guy are their children – the security of their children in all senses of the word and the wellbeing of their children," Rosenberg told People. "That's the priority for both of them moving forward. It's a sad situation."
The former couple, who have Rocco, 8, and David, 3, together and Madonna's 12-year-old daughter Lourdes with ex Carlos Leon, have not yet reached a settlement.
"The judgment of the court would be to try and assess what they came in with and divide what they built up fairly equally," said David Allison, a lawyer with Family Law in Partnership, a London firm, to the Associated Press.
If you recall, amidst the talk that the couple was splitting a few months back, there was a rumour that the couple had no pre-nup. This has been confirmed exclusively to Perezhilton. As a result, Madonna has hired big name British divorce attorney Fiona Shackleton, who has also represented Prince Charles and Sir Paul McCartney in their divorice settlements.
With $518 million at stake, this is probably the right choice! This could definitely get messy!