Charlie Sheen -- Brooke and Denise Accept Radical Reduction in Child Support

8/28/2016 1:00 AM PDT BY TMZ STAFF

EXCLUSIVE

Charlie Sheen is in such financial trouble … his ex-wives have agreed to slice their child support payments in half, for fear if he goes to court the payments would be reduced to next to nothing … TMZ has learned.

Sources familiar with the situation tell us, both Brooke Mueller and Denise Richards have agreed to around $25k a month … they were each getting $55k a month.

We’re told Charlie is now making next to nothing, which is shocking given his previous earning power with “Two and a Half Men” and “Anger Management.”

Our sources say Brooke and Denise both knew if Charlie went to court for a reduction in support a judge would drop the payments to $10k a month, or maybe even lower.

We’re told Charlie threw in some real estate for Brooke and Denise and committed to doing a show with Denise.

We’re also told Charlie is liquidating his assets, because he’s facing a slew of legal claims.

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Charlie Sheen -- Brooke and Denise Accept Radical Reduction in Child Support