Cricket great Michael Clarke and his wife Kyly announce they've SPLIT after seven years of marriage and reveal they've been 'living apart for some time' - as they vow to co-parent their four-year-old daughter

Michael Clarke and his wife Kyly have announced they have split after seven years of marriage in a divorce estimated to be worth $40million.

The couple said in a joint statement the decision to part ways was the best for their daughter Kelsey Lee.  

The former Australian cricket captain and his wife have already agreed arrangements to co-parent their daughter and are believed to have separated five months ago.

Michael Clarke and his wife Kyly have announced they have split after seven years of marriage in a divorce estimated to be worth $40million

Michael Clarke and his wife Kyly have announced they have split after seven years of marriage in a divorce estimated to be worth $40million

'After living apart for some time, we have made the difficult decision to ­separate as a couple amicably,' the statement issued to The Australian's Media Diary.

'With the greatest of respect for each other, we’ve come to the ­mutual conclusion that this is the best course for us to take while committed to the co-parenting of our daughter.'

Clarke is understood to have moved out of the home he and Kyly shared in the ritzy eastern Sydney suburb of Vaucluse when they separated several months ago.

Michael Clarke and his wife Kyly are pictured on their wedding day in May 2012. It is understood the pair separated five months ago

Michael Clarke and his wife Kyly are pictured on their wedding day in May 2012. It is understood the pair separated five months ago

Clarke reportedly has moved into their home on Bondi's beachfront since the split.

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Michael Clarke and his wife Kyly announce they've split after seven years of marriage 

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