Sylvester Stallone’s wife Jennifer Flavin has filed for divorce.
The Hollywood actor, 76, had been married to Jennifer, 54, for 25-years before their split.
As well as handing the Rocky actor divorce papers, Jennifer has also reportedly accused the actor of moving assets from their shared marital funds.
The former model filed divorce documents in Florida on Friday, according to TMZ, after weeks of speculation their marriage was on the rocks.
The 54-year-old has allegedly requested sole domain over their home in Palm Beach ahead of their divorce proceedings.
In the divorce papers, obtained by TMZ, Jennifer claimed her husband Sylvester has been 'hiding assets'.
The documents read: "Upon information and belief, the Husband has engaged in the intentional dissipation, depletion and/or waste of marital assets which has had an adverse economic impact on the marital estate.
"Pursuant to Section 61.075, Florida Statues, equity dictates that the Wife be compensated and made whole by receiving an unequal distribution of the marital assets in her favour.
"Moreover, the Husband should be enjoined from, selling, transferring, assigning, encumbering, or dissipating any assets during the pendency of proceedings."
Following the news of their marriage split, Sylvester released a statement of his own as he confirmed the end of his relationship with Jennifer after 26 years.
In a statement through Stallone’s publicist on Wednesday, he said: “I love my family. We are amicably and privately addressing these personal issues.”
It came in stark contrast to a comment made earlier this week and after Jennifer had filed her court papers on Friday in which she states, “The marriage between the parties is irretrievably broken.”
The Mirror has reached out to Sylvester's representatives for comment.
It comes after Sylvester sparked speculation his marriage was on the rocks this month when he got the tattoo of Jennifer on his right bicep covered up with a picture of his dog.
In turn his wife is no longer following him on Instagram and posted a photo with their three daughters, saying: “These girls are my priority. Nothing else matters. The 4 of us forever.”
But Stallone’s publicist insisted there were no problems between the couple and it is a misunderstanding.
They said earlier this week a plan to refresh his wife’s portrait was botched, leading him to cover it up with an inking of Butkus, the bull mastiff belonging to Rocky in the hit franchise.
A representative said: “Mr Stallone intended to refresh the tattoo image of his wife, however, the results were unsatisfactory and unfixable. He had to cover the image with a tattoo of his dog from Rocky, Butkus.
“Mr Stallone loves his family. The Stallones are presently filming a reality show together which will debut on Paramount+.”
Rumours there was trouble in paradise between the two came after Jennifer, who has Sophia, 25, Sistine, 24, and Scarlet, 20, with Sly, hadn't featured him on social media for a number of weeks.
The couple tied the knot in May, 1997 at London’s Dorchester Hotel.
They marked their 25th anniversary this year, and Sly hailed his wife as an “incredible and selfless” woman.
Jennifer added: “Our marriage keeps getting better every year! I can’t wait to spend the rest of our lives together!”
