Golf: World No. 1 Rory McIlroy settles legal dispute with former agents, terms undisclosed

Northern Ireland golfer Rory McIlroy (centre) arrives at the High Court in Dublin Feb 3, 2015. McIlroy and his former agent have settled a multi-million-dollar lawsuit in Dublin, leaving the world's top golfer free to focus on completing the career G
Northern Ireland golfer Rory McIlroy (centre) arrives at the High Court in Dublin Feb 3, 2015. McIlroy and his former agent have settled a multi-million-dollar lawsuit in Dublin, leaving the world's top golfer free to focus on completing the career Grand Slam of all four major tournaments by taking the Masters' Green Jacket in April. -- PHOTO: REUTERS

DUBLIN (Bloomberg) - Rory McIlroy and his former agent have settled a multi-million-dollar lawsuit in Dublin, leaving the world's top golfer free to focus on completing the career Grand Slam of all four major tournaments by taking the Masters' Green Jacket in April.

Financial terms were not disclosed.

All matters had been resolved, Paul Gallagher, a lawyer for McIlroy, said in court in Dublin on Wednesday, after a deal was hammered out the day after the civil trial was scheduled to start.

McIlroy, who was not in court on Wednesday, sued Horizon Sports Management Ltd. to end what he called an "unconscionable" contract that cost him US$6.8 million (S$9.1 million) in fees. Horizon counter-sued for unpaid fees.

The case had been settled to the "satisfaction" of both sides, according to a joint statement handed to reporters in court. Conor Ridge, head of Horizon, embraced friends in court after the settlement was announced.

McIlroy, 25, had said he lacked legal advice, business experience and was too young when he signed the deal with Dublin-based Horizon on Dec 21, 2011, according to court documents filed last year.

He agreed to the contract under "circumstances of great informality" on the day of Horizon's Christmas party, according to a filing. McIlroy started his own management group in 2013, the second change in two years for the Northern Irishman.

Horizon lawyer Paul Sreenan said at a hearing in December that US$9 million in fees is still owed to the company.