Alex Reid demands $16 mn from Katie Price to leave

Updated: Feb 09, 2011, 20:38 PM IST

London: Cage fighter Alex Reid is reportedly refusing to leave his former marital home unless estranged wife Katie Price agrees to pay him USD 16 million.

The 35-year-old cage fighter who was dumped by the former glamour model last month wants a 50-50 split of their possessions and the enormous settlement in return for a divorce.

"I am going nowhere until she pays me the cash I deserve," quoted him as saying.

"The divorce is still very much on track and Kate`s feelings about Alex remain the same. Alex isn`t sleeping, he is twitchy and just has no grasp on reality. It`s as though he thinks this is all one big game that will just disappear," said a friend.

Matrimonial lawyer David Osbourne explains: "The outcome is by no means certain but I would predict that Alex will come away with something like USD 16 million - a third, maybe, of what she is worth. All her belongings will go into the pot and count towards the settlement."