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
Arsenal are so close to winning the Premier League, but sometimes Arsene Wenger holds them back, says Jamie Carragher
Arsenal transfer news: Tomas Rosicky and Mathieu Flamini set for showdown summer talks over future
David Beckham reveals secret of his success: I 'stayed in to watch Match of the Day' rather than go out with friends on a Saturday night
Real Madrid vs Juventus preview: Juventus know they must attack to match past European glory
Two new members of Floyd Mayweather's The Money Team blag their way into entourage to celebrate to celebrate with Justin Bieber
- 2 Top Gear: Jodie Kidd, Philip Glenister and Guy Martin 'in advanced talks' to join show
- 3 General Election 2015: 14-year-old boy asks Nick Clegg – 'can you kill Katie Hopkins?'
- 4 University student in court for allegedly covering housemates' food in window cleaner and spit
In defence of liberal democracy
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
Andy McSmith's Sketch: Feisty audience is the real star of an enlightening show