Adelaide United have reached an out-of-court settlement with former coach Rini Coolen over his early dismissal.
Adelaide United have reached an out-of-court settlement with Rini Coolen, bringing an end to the ex-Reds boss court case against his former club.
Coolen was suing Adelaide United for $2.2 million plus costs after the club decided to terminate his contract, just 12 months into a five-year deal.
But the club announced in a statement today that both parties had agreed on a smaller sum to bring an end to the case.
"The Club has agreed to pay Mr Coolen the sum of $400,000 plus costs.
"The amount the Club has agreed to pay is significantly less than the claim formulated by Mr Coolen of $2.2 million plus costs.
"The Club wishes to place on the record its thanks to the legal team that worked so tirelessly to achieve this result and in particular Mrs Shaw QC."
A spokesman for Coolen said the Dutchman took Adelaide's financial means into account and was happy to settle quickly for a lesser sum.
"Rini is very happy with the outcome, both the damages payment from the club and its affirmation of his capacities as a football coach and manager," the spokesman said.
"The club will pay Rini an amount of money that includes exemplary damages, and damages for misrepresentation."