Dublin - World No 1 Rory McIlroy was spared a protracted legal battle
ahead of the Masters in April after settling a multi-million pounds
case with his former management company on Wednesday, just a day after
proceedings opened at Dublin's High Court.
McIlroy had been suing Conor Ridge's Horizon Sports Management
company, who in turn counter-sued the Northern Irishman over the terms
of an agreement he struck with the firm in 2011.
After proceedings opened on Tuesday, lawyers for both parties sought three deferrals to hold talks on the dispute.
Negotiating teams stayed late in Dublin's High Court on Tuesday in an
attempt to find a solution in a case that threatened to disturb the
golfer's preparations for the Masters.
In a brief statement issued in court, the two sides confirmed they had reached an agreement.
"The legal dispute between Rory McIlroy and Horizon Sports Management
has been settled to the satisfaction of both parties who wish each
other well for the future," the statement said.
"The parties will be making no further comment."
McIlroy was not in court on Wednesday.
The 25-year-old just needs to win the Masters to become only the
sixth golfer in history, and the first from the British Isles, to win
all of golf's four majors - British Open, US Open, US Masters and US
If McIlroy, the reigning British Open and US PGA champion, dons the
Green Jacket at Augusta National he will join the American quartet of
Gene Sarazen, Ben Hogan, Jack Nicklaus and Tiger Woods, and South
Africa's Gary Player as the only golfers to have completed a career