in Rock feud

Sir Alex Ferguson is expected to make a formal statement today which will confirm he has settled his feud with racing tycoon and major United shareholder, John Magnier.

The pair fell out over breeding rights for the racehourse Rock of Gibraltar, which was part-owned by Ferguson.

The Manchester United boss told The Sunday Times newspaper: “We have all decided to move on, it’s over now.

“I am just looking forward to getting back to normal life.”

Ferguson part-owned Rock of Gilbraltar with Magnier’s wife, Susan, but the Scot’s name was dropped from the list of owners when the horse went to stud. Ferguson disputed the decision, prompting a fall-out that has created huge tensions within Manchester United.

Ferguson is thought to have accepted an offer of around £2.5m to cover stud fees for the horse.

“While we were working this out, I spoke personally with John Magnier, and that helped.

“I am glad that it has been an amicable settlement. Both parties had to compromise to get it settled.”