DAVID HASSELHOFF - DAVID HASSELHOFF FINALISES DIVORCE SETTLEMENT

DAVID HASSELHOFF FINALISES DIVORCE SETTLEMENT

David Hasselhoff has agreed a financial settlement in his divorce battle with ex-wife Pamela Bach.

The former Baywatch star is to pay $25,000 (£12,527) a month in supporting Bach and the couple's daughters Taylor and Hayley.

Some $21,000 (£10,523) per month will be awarded to Bach, while Taylor and Hayley will share a monthly allowance of $4,000 (£2,000).

Hasselhoff and Bach share custody of the 17- and 15-year-old girls and will also retain joint ownership of their home in Los Angeles' San Fernando Valley.

The ex-Knight Rider star was treated for a relapse into alcoholism in October last year, months after he was ordered to abstain from alcohol following the leaking of a video of a shirtless and drunk Hasselhoff, struggling to eat a cheeseburger while lying on a hotel room floor.

Hasselhoff's visitation rights to his two girls were suspended from May 7th until May 21st after the video featured Taylor Ann (not shown) repeating the phrase "tell me you are going to stop [drinking]".

The actor's relapse came six weeks after he was awarded undisclosed libel damages from celebrity magazine OK!, after they alleged he had been drunk and abusive at a nightclub.