Carl Frampton’s will focus on boxing and becoming Ireland’s first ever three weight world champion now that his legal battle with former manager Barry McGuigan and Cyclone is over.
‘The Jackal’ and Cyclone agreed a settlement after 19 days spent in the High Court freeing up the Belfast fighter to focus on matters in the ring – and a historic clash with WBO super featherweight world champion Jamel Herring in the process.
Frampton was suing McGuigan and Cyclone for alleged withheld earnings. In a counter action, the former two-weight world champion is facing a claim for breach of contract by quitting the organisation in August 2017.
Both men denied any wrongdoing.
However it was confirmed this morning that the dispute was resolved out of court, in a confidential settlement.
Frampton tweeted: “I am pleased to announce that I have settled all of my legal claims against Barry McGuigan, Blain McGuigan, Sandra McGuigan and the Cyclone Promotions companies.
“The terms of the settlement are confidential between the parties and the court, but I can say that I am extremely happy with them, and welcome the fact that the legal dispute has now ended.
“The legal dispute began in 2017 when the McGuigans and Cyclone Promotions issued proceedings against me in London. Claims were subsequently issued by me in Belfast. The past 3 and half years have of course been difficult but necessary and I want to pay particular thanks to my solicitors John Finucane and my counsel Gavin Millar QC, Peter Girvan BL and Seamus McIlroy BL for their work in delivering settlement terms.
“I want to also pay tribute to my fans, my friends and my family who stood by me and supported me throughout this time.
“None of this would have been possible without the amazing love and support of my children and of course my extraordinary wife Christine.
“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.”
Frampton can now begin camp for a rumoured January date and a fight with the American.
Covid prevented the Top Rank promoted fighters trading leather over the summer and the court case put paid to a proposed December 19 clash.
It’s not believed a January world title fight is on the cards, one that will allow Frampton to cement is Irish legend status and increase his best Irish fighter of all time argument.
Fellow Irish fight legend Barry McGuigan also released a statement stating his family “can now move forward after a very difficult time in our personal lives”.
“We are pleased to see this lawsuit come to an end. We feel that the mutual understanding between us and Carl Frampton will work in favour of both parties. We will now focus exclusively on what we do best rather than spending time and money in the courtroom.”