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Tiger Woods is believed to be close to finalising a $100 million (£65 million) divorce settlement with his estranged wife, Elin Nordegren

Tiger Woods is believed to be close to finalising a $100 million (£65 million) divorce settlement with his estranged wife, Elin Nordegren.

Reports on TMZ, the respected US showbusiness website, have claimed that the settlement is far higher than the couple agreed under a prenuptial agreement because Woods felt he needed to secure her silence to save further embarrassment and damage to his career.

TMZ, which built its reputation for accuracy on its coverage of the aftermath of Michael Jackson’s death, says the $100 million settlement is 10 times more than Woods, 34, paid Rachel Uchitel, one of his alleged lovers, to ensure she did not “reveal all” about the couple’s affair.

If confirmed, the $100 million deal would be one of the 10 most expensive celebrity divorces of all time.

In addition to the substantial cash payment, Miss Nordegren, 30 a former model, is believed to have won their right to receive substantial child benefit payments for the couple’s two children, Sam Alexis, three, and Charlie Axel, 17 months.

The children are expected to live primarily with their mother, who may return to Sweden. Their father, however, will have custody for at least one weekend a month – or possibly for longer periods scattered throughout the year.

It is believed that Miss Nordegren will have a property in Florida, but that Woods is keeping the couple’s home on Jupiter Island, Florida, their £13 million 155ft yacht named Privacy, and a Los Angeles apartment valued at nearly £2 million.

TMZ says that earlier reports that Miss Nordegren might receive a $750 million (£494 million) divorce settlement are wide of the mark. Forbes magazine, the financial publication, puts Woods’ fortune at $600 million (£395 million).

“Tiger Woods’ soon-to-be ex-wife is about to become an independently wealthy woman, but we’ve learned she’s legally prohibited from blabbing about it,” TMZ said.

“So Elin can’t go on ‘Oprah’ [The Oprah Winfrey Show], she can’t do interviews, she can’t write a book. But what she gets in return is nothing to sneeze at. Elin will snag about $100 million in the settlement.”

WOW…ITS TIME FOR ME TO BUY ME SOME GOLF SKIRTS AND GET MY BEHIND ON HOLES #9 & #10…LOL

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