Ipswich: Former Ipswich Town manager Jim Magilton has blasted the club after finally settling a “tiring and unnecessary dispute” following his dismissal in 2009.

The 41-year-old was suing the club for �352,000 after issuing a writ for breach of contract following his dismissal in April, 2009.

The case was due to be heard before the Queen’s Bench division of the High Court in London on Monday, but a spokesman for the court said the parties finally reached an agreement last Friday.

It has not been revealed how much the club will pay Magilton, but it is understood to be a six-figure sum.

Today Magilton released a statement in which he spoke of his disappointment and upset with the club surrounding to the ending of his contract.

Magilton said in a statement: “It was disappointing and upsetting that a club I had served so loyally for so many years, as a player, club captain, and then manager, chose to try and deny me the compensation agreed in my contract, when we sadly parted company in 2009.

“I tried to obtain a sensible settlement, and even made an offer for less than the sum now agreed, but they still would not agree to my proposals.

“Instead, they continued to raise more unfounded issues, which they either then abandoned or have now withdrawn.

“It has been a long, tiring and unnecessary dispute, but I am delighted that I have, with the support of the League Managers Association and its outstanding legal team, entirely cleared my name and put the record straight.”

Magilton was appointed at QPR in June of 2009 but left the club in December of the same year and has been out of work since.

After the agreement to settle Magilton’s claim, the club issued a statement reading: “Ipswich Town Football Club can confirm that it has reached a mutually agreeable settlement with one of our previous managers, Jim Magilton, regarding an outstanding matter.

“The dispute and outcome of the settlement are a confidential matter between ourselves and one of our previous employees and as such we will be making no further comment on the matter.”