It's official - Tiger Woods divorce is finalised and could cost him up to $750million

Tiger Woods paid a heavy price for his cheating yesterday when he was divorced from his betrayed wife Elin Nordegren.

The Swedish former model and children's nanny is understood to have been paid more than $100million  -  £64million  -  as part of the settlement.

Although she could have pushed for a half share in the disgraced golfer's £650million fortune, 30-year-old Elin reportedly agreed on the lower sum to avoid a messy, drawn-out court battle.

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She signed a prenuptial agreement when they wed in 2006, but it was renegotiated in the wake of the sex scandal as Woods tried desperately to save his marriage following his affairs with up to 19 women.

The couple were both at Bay County Circuit Court in Panama City, Florida yesterday as the marriage was described during a ten-minute hearing as 'irretrievably broken'.

Woods, 34, will share custody of their two children, Sam, three, and one-year-old Charlie. He and Elin have completed a four-hour parenting course each.

The divorce comes nine months after the golfer crashed his car outside their home in Orlando, setting off an explosive flurry of lurid revelations about his cheating with a string of mistresses. 

The scandal led to Woods taking a five-month sabbatical from golf to seek rehabilitation treatment for sex addiction and cost him millions in lost endorsements.

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Friends said the couple are back on speaking terms because they are determined to raise their children together without living under the shadow of his misbehaviour.

They reportedly travelled together to court yesterday in a private jet for the half-hour flight from Orlando, where they both still live in separate mansions.

Elin will get to keep the waterfront estate where the family lived before the scandal.

She has also bought a £1.5million hideaway on a Swedish island to use as a holiday home.

In return for the massive financial payout, Miss Nordegren has allegedly agreed to stay silent about her marriage.

In return, she has barred Woods from exposing their children to any of his girlfriends.

Only in the event of him marrying again would the woman be allowed around the children, according to reports.

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Between 11 and 19 women are said to have come forward claiming to have had an affair with the golfer, referred to on court documents by his real name Eldrick Tont Woods.

The first, Rachel Uchitel, was said to have been paid more than £6million in return for a confidentiality agreement.

After the divorce hearing, lawyer Gloria Allred, who represented several of the golfer's alleged mistresses, said: ' Tiger Woods's marriage appeared to be over long before it became final today.

'He has broken his wife's heart and the hearts of many others.

'His apparent lack of honesty in his relationships doomed his marriage and caused a break that could not be repaired.

'Tiger can begin again but he should never forget the human wreckage that he has left behind.'

End of an era: Both Woods and Nordegren appeared in person at the Bay County Court House in Panama, Florida


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