Hull settles Duffen dispute 12/02/2010
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Hull City has settled its financial dispute with former chairman Paul Duffen out of court.
The Premier League club had accused Duffen of spending company money for his own personal use. It also alleged that Duffen's company received payments from agents in return for using those agents to deal with the transfer of players.
Duffen had denied the allegations at a preliminary hearing at the High Court. The settlement "brings an end to all disputes between the parties".
The club said: "Further to a statement made on January 22, 2010 regarding legal action commenced by Hull City against its former chief executive officer, we are pleased to confirm that we have agreed settlement on terms satisfactory to the club."
Duffen stepped down as executive chairman of Hull in October 2009, with former chairman Adam Pearson returning to the club.
In January, Pearson claimed insufficient care had been taken over transfers and deals.
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