Leeds United agree secret settlement with former kit-suppliers Macron
LEEDS UNITED today agreed to a secret settlement of its £5m-plus High Court battle with former kit-suppliers Macron SPA.
The Italian company sued for damages after the Whites decided to end their shirt-making agreement in 2014.
At the time it was signed in 2011, the six-year deal was the longest in English football history.
But Bologna-based Macron said the club had no right to terminate the contract without paying a fee.
It claimed £2.1m which it said it was owed under the contract and up to another £3.5m damages for future losses.
The Championship club disputed the claim and was due to fight it in a trial at the High Court in London this week.
However after last minute talks out of court, the parties agreed to a settlement which resulted in the trial being called off.
In a ten-second hearing this morning, Mr Justice Hickinbottom was told the settlement would be kept confidential.
Read more: http://www.yorkshireeveningpost.co.uk/news/leeds-united-agree-secret-settlement-with-former-kit-suppliers-macron-1-7889317#ixzz47aklwcWV
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