A British man sinks his $200,000 yacht in southwest England rather than let his estranged wife sell it, according to AP report.

The final straw in the couple's bitter break up came when ex-wife, Tracey Bridgewood, advertised the yacht in a local newspaper, saying she wanted a quick sale and was prepared to let the yacht go for $72,000.

Ex-husband, Mark Bridgewood, armed himself with an axe and and sank the yacht.

"It's sacrilege to have a boat of this quality sunk on the bottom," harbor master Capt. David White said. "It's like tearing up 5-pound notes and throwing them away, it really is."

Police plan to charge Bridgewood $18,000 for sinking the yacht and for recovery costs.