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Madonna Denies Reports of $76 Million Settlement

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People.com: Madonna and Guy Ritchie are slamming recent stories about their divorce settlement.

The joint statement - issued in London - came two days after Madonna's U.S. rep gave the Associated Press details of the supposed deal. Liz Rosenberg said that Madonna, 50, was set to hand over cash and property worth between $76 million and $92 million, calling it "one of the largest [divorce] payouts ever."

But now the couple calls that information "misleading and inaccurate."

The statement reads:

"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 couple - whose divorce will become final in January - have two sons, Rocco, 8, David, 3. Madonna has a daughter, Lourdes, 12, from her relationship with Carlos Leon.

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