Loughgall and Smith 'reach amicable agreement'
Loughgall say they have reached "an amicable agreement" with former manager Dean Smith following his recent departure from the club.
An initial statement posted on X by the Irish Premiership club on 6 March indicated that they had "parted company" with their long-serving boss "by mutual consent".
However this was contested as a statement from the JWB Consultancy said: "We represent Mr Dean Smith. Our client has not agreed to terminate his contract."
Loughgall's statement released on Wednesday night revealed that the parties had resolved their differences and were parting on good terms.
"Loughgall Football Club and Dean Smith have reached an amicable agreement, inclusive of a confidential financial settlement, representing a full and final resolution of all matters," the statement read.
"It is acknowledged that the statement on Thursday 6th March issued on social media by Loughgall FC was the result of internal miscommunication. This statement has now been removed.
"Loughgall FC and Dean Smith have had a successful and lengthy period working together, and now part on mutually agreeable and good terms, with both parties keen to draw a line under recent events.
"To that end, there will be no further comment from either party in respect of the matter which both Loughgall FC and Dean Smith consider satisfactorily closed."
Smith led Loughgall to promotion to the top flight in the 2022-23 campaign and they finished ninth in the Premiership with 13 wins last season.
This term the Villagers have struggled however and sit 12 points adrift at the foot of the table and without a league win since November.
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