David O’Leary is now determined to return to management as soon as possible after settling his dispute with former club Leeds.
O’Leary’s differences with Leeds were due to be resolved at a March 3 Premier League tribunal following his sacking by the Elland Road club in June 2002.
But that has now been avoided, much to the delight of O’Leary, who has been involved in a running war of words with Leeds chairman Peter Ridsdale since his dismissal.
The feud had prevented O’Leary, who has been linked with Sunderland, West Ham and the Republic of Ireland post since his Elland Road exit, from putting himself forward for jobs.
But he is now free to resume his managerial career as Leeds have paid compensation, as well as legal fees incurred during the last eight months.
O’Leary said: “I’m delighted at today’s news and extremely happy this matter has been settled.
"I would like to place on record my thanks and appreciation to the Leeds United fans who have supported me over the last eight months.
"I am now concentrating on moving forward and hopeful I will be able to return to football in the near future."
With a settlement reached, it means Leeds have avoided further dirty laundry being aired in public, particularly with their name again dragged through the gutter in the last week following the £9million departure of Jonathan Woodgate to Newcastle.
The fallout, which led to current manager Terry Venables being at loggerheads with Ridsdale who in turn has incurred the wrath of the fans, has been widespread.
But at least Leeds can now draw a line under another sorry chapter in their recent history as a club statement read: "David and Leeds United are pleased to announce that terms of settlement have been agreed arising from David’s dismissal in June last year.
"By way of those terms the club has agreed to pay David compensation plus legal costs incurred by him in the dispute.
"The club completely disassociates itself from stories in the press implying that there was any financial impropriety on David’s part concerning his dealings on behalf of the club.
"Leeds United and David wish each other every success in the future.
"David in particular would like to record his thanks to the fans of the club for their support.
"The parties have agreed that no further statement will be made in connection with this issue."