Flavin reportedly filed “for dissolution of marriage and other relief” in Florida on Aug. 19, according to court documents obtained by TMZ. The former model also accuses Stallone of allegedly moving assets from marriage funds. “Upon information and belief, the husband has engaged in a deliberate dispersal, depletion and/or waste of marital assets that has had an adverse financial effect on the marital estate,” court documents state. In a statement to PEOPLE, Sylvester Stallone responded to the news of his wife’s divorce filing, saying, “I love my family. We are dealing with these personal issues amicably and privately.” The split comes just two days after Stallone covered up a tattoo of Flavin’s face on his right bicep. In its place was a fresh tattoo of Butkus’ dog, Rocky’s bull mastiff from the hit movie series. The new ink was posted on social media by Stallone and tattoo artist Zach Perez, before being deleted from both accounts. The recently covered-up tattoo led fans to believe their decades-long marriage was on the rocks, but Stallone’s rep had told the Daily Mail that he “intended to revamp the image of his wife’s tattoo” but the results were “unsatisfactory and unfortunately, irreparable.” Sylvester Stallone, 76, and Jennifer Flavin, 54, married in 1997. The couple have three daughters: Scarlet, 20, Sistine, 24, and Sophia, 25. Flavin, who appears to have unfollowed Stallone on Instagram recently posted a cryptic message along with a picture of her three daughters. “These girls are my priority, nothing else matters,” she captioned the Instagram post. “The 4 forever.” “You are our rock, cheerleader and the most incredible mom,” Sofia commented. “We are so lucky to have you. I love you so much”. Daughter Sistine wrote: “Strongest woman I know,” while youngest Scarlet responded with a black heart emoji. On May 17, Stallone and Flavin celebrated their 25th wedding anniversary. The actor marked the occasion by posting a tribute to his wife on Instagram. “Happy 25th anniversary to my amazing wife,” he captioned the post. “There are not enough words to describe what this incredibly selfless, dedicated, patient woman means to our lives and I only wish there were 25 more! Thank you sweety!”