Carl Frampton has revealed a settlement has been agreed with former manager Barry McGuigan to end a longstanding legal battle between the pair.
The Irishman has been caught up in the multi-million pound case, which begun at the High Court in Belfast in September.
But before it was due to resume on Thursday, Frampton took to social media to reveal undisclosed terms have been agreed between both parties.
While Lord Chief Justice’s Office confirmed a resolution had been found out of court.
READ MORE: Carl Frampton shakes of ring rust to defeat Darren Traynor but knows there’s still improvement needed
‘The Jackal’ said he was “extremely happy”, while McGuigan, whose son Shane trained Frampton for many years, said his family “can now move forward”.
The two-weight world champion ended his partnership with McGuigan in 2017.
Frampton was suing McGuigan and Cyclone Promotions for alleged withheld earnings.
While McGuigan was pursuing claims that the Belfast super featherweight breached his contract by linking up with MTK Global and Frank Warren. Both parties denied the claims.
The legal bill alone in the case is allegedly in excess of £1 million, while Frampton revealed his delight at being able to focus his efforts on boxing once again.
“The past three-and-a-half years have of course been difficult but necessary,” he said.
“I am glad that this chapter of my life is now behind me and my focus now, as always, remains on becoming a three-weight world champion in 2021.”
While McGuigan claimed there is still a “mutual understanding” between himself and Frampton.
“We feel that the mutual understanding between us and Carl Frampton will work in favour of both parties,” McGuigan said.
“We will now focus exclusively on what we do best rather than spending time and money in the courtroom.”
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