Shane Warne and Liz Hurley's baby news

The glamour couple are desperate to start a family together, but there could be a major obstacle standing in their way…

She may be 46, but a baby is still much more than just a twinkle in the eye for lovebirds Elizabeth Hurley and Shane Warne. Gossip Girl star Liz has made no secret of her desire to have more children. She is keen to give her only child Damian, 9, a sister or brother, and while that failed to happen during her four-year marriage to Indian textile heir Arun Nayar, friends say Liz is hoping her new fiance Shane, 42, will help her realise her dream of becoming a mother again.

“Liz has always wanted a large family,” says Riyhad Kundanmal, a close friend of Liz and former husband Arun. “I know she’d love more children, but the timing has just never been right for her… but now Liz is ready to settle down. “It’s not too late for her, and it wouldn’t surprise me at all if they had a child,” he adds. Whether that child comes naturally or via IVF or adoption, there is one major obstacle standing in their way before Liz and Shane can begin to build their family – and that is money.

Friends say the celeb couple want to make sure their financial affairs are in order before they marry or have children. Lawyers for the newly engaged pair are negotiating at least four multimillion-dollar pre-nuptial agreements to protect $70 million worth of global assets they will share when they marry. “Their pre-nup is the talk of the London legal scene,” says London celebrity divorce lawyer Vanessa Lloyd Platt.

“Everyone’s gossiping about it and there’s a lot of buzz about who’ll get what, and how much Shane will have to compensate her if he’s naughty,” According to Vanessa, if playboy Shane cheats on his beautiful bride, it could cost him millions. “If Liz goes ahead with the marriage to Shane, she has to have a water-tight agreement, because his behaviour could seriously impact on her image. She’s got substantial assets to protect and he has a bad-boy reputation,” she adds.