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Rory McIlroy and Horizon Sports Management case "settled to satisfaction of both parties"

Rory McIlroy has settled a dispute with his former agent for what is understood to be $20m (£15m) plus costs.

In a joint statement read outside court by Billy Murphy , he said the dispute had been "settled to the satisfaction of both parties".

The world's number one golfer had been suing Horizon Sports Management in a multi-million pound wrangle.

The period under dispute coincided with McIlroy's sponsorship deal with Nike, said to be worth about $100m (£66m).

BBC News Ireland Correspondent Chris Buckler reports.

  • 04 Feb 2015
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