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McIlroy announces change to management team

The 24-year-old claims to have cancelled his contract with Horizon, but the management company say the deal “has a number of years to run.”

McIlroy has split with Horizon.
McIlroy has split with Horizon.
Image: ©INPHO/Getty Images

Updated 15.57

RORY MCILROY HAS ended his association with Horizon Sports Management and will instead by managed by Rory McIlroy Incorporated.

In a statement issued this afternoon, it was revealed that the termination of his contract with Horizon is being dealt with by “a legal team led by A&L Goodbody.”

The business interests of the 24-year-old will now be managed by Rory McIlroy Incorporated, with Donal Casey, an actuary by profession with “many years of CEO experience”, acting as the compacy’s CEO.

The Rory Foundation for charity will be run by Barry Funston, a business leader and long-time friend of the McIlroy family. Funston and Casey will serve on the RMI Board, along with Gerry McIlroy.

It’s less than two years since McIlroy joined Conor Ridge’s Horizon, but it has been a largely turbulent period. The former US Open champion will be hoping that this change in management results in a return to his best form.

However, Horizon have released a statement of their own in response, claiming that the “current management contract has a number of years to run.”

The Irish firm expressed their disappointment at McIlroy’s words, saying:

“Horizon has achieved exceptional results for Rory in realising his commercial objectives. Under Horizon’s management, Rory has signed some of the most lucrative endorsements in sports history.”

The statement finishes by stating that “Rory’s decision to seek a termination of the management contract with Horizon is now regrettably in the hands of legal advisors.”

- Originally published 13.43

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Murray Kinsella

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