Ronnie Wood, Jo's divorce today

London (ANI): The divorce between Rolling Stones Ronnie Wood and his estranged wife Jo is being finalised today at the High Court in London. The two are due to be granted a decree nisi, and Jo, 54, is expected to cite adultery, after Wood, 62, walked out last July after he met Russian beauty Ekaterina Ivanova, 21.

The case, listed as Wood JA v RD, will go before District Judge Aitken in Court 4. Wood"s assets consist of only two homes after he 'frittered away his money". His estate in Co Kildare, Ireland is worth 3million pounds, and the family house in Kingston-upon-Thames, South-West London, is worth 10million pounds.

Jo will also have to wait for the sale of the homes before the payment is made, and she will only receive the unexpectedly small settlement of 6.5million pounds. “Ronnie"s frittered money away on booze, drugs and bad business deals," the Daily Mail quoted a source as saying.