"I've always acknowledged that Sally is entitled to half, I have no problem with that," he told a hearing in the High Court at Auckland this morning.
Although they didn't have a technical legal agreement, Mr Parore said their "equal sharing agreement" was that they would always share their combined assets from the relationship 50/50.
The former international cricketer said he had tried to pay Ms Ridge out of the Small Business Accounting (SBA) business and at one stage had offered his share of the business to her.
In his witness statement, Mr Parore referred to a text message he sent her on August 18, 2010.
"Just give me $ for my half of sba and its yours. I just want out."
Mr Parore said the message was written in the heat of the moment.
"I sent the text because I just didn't want anything to do with Sally anymore and I wanted to get on with my life without her being involved any more than absolutely necessary. At the time I was at the end of my tether."
Mr Parore said the business is his career and livelihood.
"I have a measure of pride in what I have been able to accomplish with the business so far."
However, there was "simply no way Sally and I can be in business together," he said.
"I cannot rely on her to be reasonable or level headed when making business decisions, or in dealing with me in particular.
"Sally clearly thinks poorly of me because I am listed as a contact in her email address book as 'Adam Parore (ass ****)'."
From the witness box today, Mr Parore said he was adamant he wanted Ms Ridge out of the company and has offered to pay her out, however she wanted to retain her share in the company.
"Everything needs to end ... it needs to end," he said.
"It's not much fun sitting around the dinner table with your new partner talking about your ex all the time."
Ms Ridge is claiming back pay and unpaid dividends from the accountancy business.
She said she hadn't received dividends from the business since September 2011 and wants a return to her relationship with the firm as it was in August 2011.
Mr Parore has said he refused to pay her dividends because she refused to contribute to the company's expenses or attend meetings.
Her trust is also claiming up to $830,000 from the sale of a "palatial" property in Ponsonby's Arthur St, which the former couple sold after their 2010 separation for more than $6 million.
The hearing continues.
- Brendan Manning of APNZ
