Pattaya Daily News

01 July 2010 :: 13:07:50 pm 27996

Tiger Woods $750 million Divorce Settlement Biggest Ever

Tiger Woods proposed divorce settlement to former wife Elin Nordegren will net the Swedish beauty and former model a record $750 million payout when proceedings are finalised.
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International, the 30th of June 2010 [Pattaya Daily News]: In other terms of the settlement, Tiger will be forced to keep any single woman in his life away from the pairs two children. Under the terms of the deal only a woman that Tiger chooses to marry will be allowed to meet daughter Sam [3] and son Charlie [1], this is not inclusive of any unmarried female employees of the sporting superstar.

The $750 million payout, the largest in celebrity divorces, reached such heights due to a very effective legal investigation by Nordegren’s lawyers and a resultant clause added restricting the release of any information to do with the former couple’s private life or Tigers dalliances with other woman.

The information restricted includes any information regarding his alleged flings with socialite Rachel Uchitel, reality star Jaimee Grubbs, porn queen Joslyn James and up to 17 others. Tigers main fear was “further damage to his rebuilt reputation sending him back to the gutter,” stated an unnamed friend.

Initially, Nordegren had only sort a fraction of the $750 million settlement, having estimated her husband’s worth at approximately $1 billion. However, subsequent legal investigations uncovered many unaccounted for assets and revenue streams that pushed the total worth much higher. Having concluded the agreement, an official application for divorce is expected to be filed by Nordegren within the next week.

In relation to the children, Elin will get sole physical custody of the children whilst legal custody will be split between the pair. The agreement allows Woods access to the children for up to half of any given week, although business and work commitments will limit this time significantly according to Elin.

Despite everything, Elin has been quoted saying that Tiger is a good father and loves his children dearly.

Reporter : Harry Roberts   Photo : Internet   Category : World News

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