CA reach settlement with Arthur over sacking "I am very happy with the financial settlement we have reached tonight with Cricket Australia": Former Australian cricket coach Mickey Arthur. Cricket Australia has dodged a lengthy and potentially embarrassing legal dispute with Mickey Arthur after reaching a settlement with the ousted coach following marathon talks on Wednesday. The parties needed two conciliation hearings lasting nearly 13 hours before they came to a confidential agreement which will see Arthur pocket a "significantly reduced" sum from the $4 million he was asking from CA after his shock dismissal as national coach in June. The resolution at the Fair Work Commission in Sydney comes after a damaging few weeks for both Arthur and CA during which details of the 45-year-old's claim were leaked, including allegations Michael Clarke had described former vice-captain Shane Watson as a "cancer." Had the hearing before Fair Work commissioner Bernie Riordan failed to end the impasse, Arthur could have taken the matter to the Federal Court or Federal Circuit Court and details of his case could have been made public. That would have left CA vulnerable to having more details about the internal bickering and dressing room politics within the national team being aired during the back-to-back Ashes series. "I am very happy with the financial settlement we have reached tonight with Cricket Australia," Arthur said on Wednesday night. It was a real pity that I had to launch legal proceedings, but I am glad we came to a settlement without the need to proceed with potentially expensive and protracted litigation. For me, this was never solely about the money, I just wanted to be treated fairly, and with dignity and respect. I have significantly reduced my claim, as it is being settled tonight and not dragging on at significant cost. And, importantly,I have been very mindful of protecting the Australian cricket team from any further publicity surrounding this dispute. With this fair and reasonable deal, we can all now get on with our lives. CA's legal team did not take questions after leaving the hearing but said in a joint statement with Arthur that it was "unfortunate that the dispute was not settled prior to the issuing of legal proceedings." "Both parties agree that a resolution now is in the interests of the Australian cricket team and cricket generally in Australia," the statement said. Arthur, while fielding questions, said he still saw his future in Australia and was confident he would find another job in cricket. "Cricket has always been my life and my passion, it's a new chapter and [I] can't wait to get involved in something different now," Arthur said. It'll be a pretty exciting time now, a new chapter in our lives and something that we are really looking forward to.