John Cleese is to pay £12.5 million in a divorce settlement to his former wife Alyce Faye Eichelberger.

The ruling by a Californian court means that he is now poorer than Eichelberger.

His fortune will reportedly fall to £10 million, after he was ordered to pay Eichelberger £8 million up front and an annual fee of £612,000 for the next seven years.

Cleese married psychotherapist Eichelberger, his third wife, in 1992.

Talking after the verdict, Cleese said, "I got off lightly. Think what I'd have to pay if she'd contributed anything."

Cleese's pal Michael Winner added that "if there ever was a case for prenuptial agreements, this is it".

"The result is extraordinary. Alyce lived in a council flat when they met," Winner added.

It's claimed that Cleese is currently writing a one man stage show entitled - My Alyce Faye Divorce Tour.