Beckham and management to agree split

David Beckham is to settle his high-profile management dispute with the sports agency SFX today, The Lawyer can reveal.
The contract row began when the England captain refused to renew his agreement with SFX at the end of September. Entertainment boutique Lee & Thompson has been acting for the player on the dispute since then, while SFX has been represented by Hammonds. The agency argued that its agreement with Beckham had another two years to run, a position disputed by the footballer.
By this morning (Friday, 5 December) a formal settlement agreement was reached. The settlement will see Beckham part company from both SFX and Tony Stephens, the SFX employee who had been acting as Beckham’s manager. All parties bar Stephens had signed by this morning. Stephens was expected to sign later today.
It will effectively leave Beckham without a manager. However, the player is setting up his own company, called Footwork Productions, in Madrid with Terry Byrne, the former director of football at Watford.