Guy Sebastian’s long-running battle with former manager Titus Day has ended with a confidential settlement after the talent agent admitted he had not paid the singer all the money owed to him. 

‘There were many instances in which payments that should have been passed on to Guy, were not,’ Day conceded in a statement. 

‘I would do things differently if I had my time again. At an early stage in the dispute, I should have been more reasonable and less emotional, which I have no doubt would have led to a swifter and more conciliatory outcome. I take full responsibility for this.

‘Looking back on the latter half of the time when I was managing Guy’s career, I can see that I had become a poor steward of Guy’s income, including income that my company continued to receive after Guy left my management company in late 2017.

‘My management company’s failure to properly account for and pass on those payments to Guy was the result of my mistake. I accept that my failures at that time had a serious and regrettable impact on Guy and his family, for which I apologise.

‘During the time when I was managing Guy, and after it, I made a number of regrettable decisions which have had painful consequences, not only for me and my family, but also for Guy and his family. 

‘I acknowledge that, long before any criminal investigation, charges or trials, Guy attempted to settle with me on what I now consider to be incredibly fair terms. I would do things differently if I had my time again. 

‘At an early stage in the dispute, I should have been more reasonable and less emotional, which I have no doubt would have led to a swifter and more conciliatory outcome. I take full responsibility for this.

 ‘I thank Guy for his willingness to discontinue the civil legal proceedings against me and allow each of us and our families to move on from the dispute.’ 

Sebastian’s lawyer, Mark Faraday, said Day’s statement ‘speaks for itself’. 

‘It contains a clear apology, an acceptance of responsibility and an acknowledgement that payments owed to Guy were not passed on,’ Faraday said.

‘As stated by Mr Day, my client was willing to resolve this matter very early, and on incredibly fair terms. A private resolution has always been Guy’s preference. Unfortunately, this did not happen, and the matter took many unexpected turns over a long period of time.

‘Obviously, Guy wishes Mr Day had taken this approach much sooner. However, he appreciates that the parties have finally arrived at a place where they can all move on. For Guy, this is not just a legal settlement; he genuinely wishes Mr Day and his family better times ahead.’

Sebastian said he pursued the legal dispute as a matter of principle.

‘I never could have imagined the twists and turns this ordeal would take.

‘With the accountability shown and the apology Mr Day has provided in his statement, I am prepared to put aside my claim against him, forgive, and move forward.’