Rory McIlroy has launched legal action against his former management agency Horizon Sports Management according to newspaper reports in Ireland .
An article in the national daily, The Irish Independent, indicate that the two time major winner has lodged papers in the High Court on Monday in Dublin against Horizon Sports Management, and two other named companies, Gurteen and Canavan Management.
Apparently McIlroy is launching a plenary action and has engaged A&L Goodbody according to court records.
Yesterday the Sunday Independent reported that McIlroy had fired his Dublin based sports agency after paying them a staggering €5m over an 18-month period.
McIlroy decided to part company with Horizon Sports Management because he believed they were costing him too much money.
It is reported that McIlroy believes that the $7.5m he says the group was paid over the one-and-a-half year period did not make business sense, despite having willingly signed up to the agreement two years ago.
The Major winner believes he had no option but to sever ties with the company, which is headed up by Conor Ridge as his contract does not run out until 2017.
McIlroy has now joined his own company, Rory McIlroy Incorporated, which is run by CEO Donal Casey.
Horizon Sports Management also represent two other Irish golfers, US Open Champion Graeme McDowell and the 3 Irish open winner from 2009, Shane Lowry.