Jessica Simpson's father, Joe Simpson, has denied rumors that he is divorcing his wife of 34 years because he is gay.

Stating that the marriage “has become insupportable because of discord or conflict of personalities,” Tina Simpson filed divorce papers last month in Texas, TMZ.com reported.

The National Enquirer reported that the alluded conflict is Joe Simpson's sexual orientation. The supermarket tabloid quoted a “family insider” as saying that Mr. Simpson announced he's gay and having an affair with a younger man.

A Simpson family representative, however, denied the story in a statement given to FoxNews.com: “It is an amicable spit and there is no third party involved. Any other related allegations are completely false. The family appreciates your respect for their privacy at this time.”

Mr. Simpson is also Jessica's manager. The pop star is worth an estimated $100 million. Her line of fashion apparel, which includes everything from shoes to dresses, is reportedly worth over a billion dollars.

Tina Simpson also played a key role turning daughters Jessica and Ashlee into celebrities.