Football tycoon's ex-wife wins £43.5m in divorce settlement

The ex-wife of a greenish vigor tycoon has been awarded much than £40m aft their divorcement by a High Court judge.

Founder of renewable vigor institution Ecotricity, based successful Stroud, Dale Vince and his ex-wife Kate Vince disputed however wealth should beryllium divided astatine a proceeding successful December.

Ms Vince's lawyers told the tribunal her ex was giving distant matrimonial assets, of which she should beryllium entitled to half, including £5.4m successful donations to the Labour Party.

Speaking extracurricular court, Mr Vince said: "My ex-wife walks distant from tribunal with £12m little than I archetypal offered her 4 years ago."

"Along with her ineligible squad she has wasted years of time, not conscionable our ain but that of the court," helium said.

Meanwhile, Sarah Jane Lenihan, representing Ms Vince, said: "We are precise grateful to the tribunal for the just and equitable grant granted to Ms Vince.

"It is lone close that Ms Vince has received an grant which reflects her extended contributions passim the marriage, which the justice acknowledged, during which Mr Vince built the bulk of his fortune."

Mr Vince, who is besides Forest Green Rovers FC chair, claimed the summation successful donations to the Labour enactment betwixt April 2022 and May 2024 and different spending came from a emergence successful the worth of his businesses and had "nothing astatine each to bash with" the ineligible battle.

His nett worthy is reportedly astir £107m.

In a judgement connected Friday, Mr Justice Cusworth said Mr Vince could wage Ms Vince £43.51m successful 3 instalments.

Mr Vince claimed they separated successful 2021, but Ms Vince alleges they were "continuing a carnal and affectional narration close up to February 2022".

Lawyers for Ms Vince, 50, said her ex-husband, 63, had been giving distant their matrimonial assets successful a "wanton and reckless" fashion.

This included the acquisition to the Labour Party, arsenic good arsenic £100,000 to the Cheltenham Muslim Association and £8.4m to his foundation, the Green Britain Foundation, which includes enactment for Forest Green Rovers FC.

However, Mr Vince told the tribunal helium donated to Labour due to the fact that helium saw the wide predetermination arsenic the accidental for a authorities that wanted to bash thing astir nett zero.

The archetypal outgo of £13.94m volition beryllium made to Ms Vince by 30 April, with the further 2 to travel annually, the justice ordered.