Martin O'Neill wants to return to management
Martin O'Neill wants to return to management after settling his dispute with Aston Villa following his abrupt departure from the midlands club last August.
O'Neill has been out of the game for nine months after leaving Villa five days before the start of the 2010-2011 campaign.
A League Managers' Association mediation panel failed to resolve the dispute between O'Neill and Villa at the end of 2010.
But the matter was resolved during an FA Premier League managers' arbitration tribunal in London which had lasted four days.
O'Neill said: "It has taken a long time to deal with this matter but I am pleased that all issues have now been amicably finalised.
"I am very proud to have managed Aston Villa and I wish the club all the best for the future.
"I would also like to thank the LMA and my outstanding legal team for their support and hard work in bringing my case to this very satisfactory conclusion.
"I am now looking forward to the future and getting back into football management."
The LMA, in a statement, said: "The LMA is able to confirm that Martin O'Neill and Aston Villa have finalised all issues in relation to his departure from the club in August 2010.
"The matter was placed before the FA Premier League Managers' Arbitration Tribunal, but was resolved during the course of the hearing."
O'Neill enjoyed a successful four year association with the midlands club after taking over from David O'Leary in August 2006.
He led them to three successive top six finishes in the Premier League and the 2010 Carling Cup final.
Villa issued a short statement which read: "Aston Villa and Martin O'Neill have resolved the matter that had been before the Premier League managers' arbitration tribunal.
"It was an amicable resolution."
Club owner Randy Lerner and chief executive Paul Faulkner can now concentrate on sorting out the current managerial situation at Villa.
They will know next week after the results of medical tests whether O'Neill's successor, Gerard Houllier, will be able to return after suffering heart problems last month.
Latest in Sport
England 'favourites' to host 2018 World Cup after Sepp Blatter resignation - Qatar and Russia under pressure
Sepp Blatter quits as Fifa president live: South African government admits 'thin line' between bribery and legacy contributions
Sepp Blatter resignation: The exit of the Fifa president must lead to real change
Fifa corruption: Europe plots to stage an 'alternative World Cup' in place of Russia 2018
Brendan Rodgers' job safe for now but Liverpool owners plan for improvement
- 1 School kitchen manager 'fired from Colorado school for giving hungry students free lunches'
- 2 California man brutally beat 82-year-old Sikh grandfather he mistook for 'one of those people'
- 5 Charles Kennedy 'had better judgement drunk than many sober politicians' says Ian Hislop
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination
Migrants in Kos: Photos show real tragedy after Brits abroad complain of 'awkward' holidays
British tourists complain that impoverished boat migrants are making holidays 'awkward' in Kos
Michael Gove determined to scrap the Human Rights Act – even if Scotland retains it
Threat to scrap Human Rights Act could see UK follow Nazi example, warns UN official
Church of England 'one generation away from extinction' after dramatic loss of followers