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Leeds United have reached a settlement with former manager David O’Leary over his dismissal last summer.

The club and O’Leary issued a joint statement but did not disclose the settlement figure.

The statement read: “David O’Leary and Leeds United are pleased to announce that terms of settlement have been agreed arising from David’s dismissal in June last year.

“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.”

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