“They’ve simply grown apart,” one anonymous insider is quoted as saying by OK!.
The superstar couple “have more of a business relationship than a romantic one at this point,” adds the insider. “This has been a long time coming, and they are practical about it.”
The former Spice Girl and fashion designer, 43, and the former soccer player, 42, reportedly plan to share custody of their four children, Brooklyn, 18, Romeo, 15, Cruz, 12, and Harper, 6.
“The kids come first,” says the insider. “They agree this is for the best. They’re both eager to start the next chapter of their lives.”
The couple - who have always strongly denied claims of trouble in their marriage - have yet to respond to the outrageous allegations published in OK!