Rory McIlroy to set up own management team with father, friends and associates
Last Updated: 18/05/13 7:08am
Rory McIlroy set to make second management change since October 2011
World number two Rory McIlroy is set to leave Horizon Sports Management to create his own management group.
Rumours have been circulating in recent weeks that the 24-year-old would create his own team with his father, close friends and associates.
The Northern Irishman denied the speculation at the Players Championship last week, but it's understood that the two-time major winner will shortly make his second management change since October 2011.
McIlroy left International Sports Management just four months after winning his first major by eight shots in the US Open at Congressional, joining his good friend Graeme McDowell at Horizon.
He won his second major in the US PGA Championship at Kiawah Island last year, also by eight shots, and a total of five wins worldwide took him to number one in the world.
A multi-million pound deal with Nike coincided with a run of poor form at the start of 2013, which culminated in McIlroy walking off the course during the second round of the Honda Classic.
He initially told reporters he was in a "bad place mentally" before a statement was issued on his behalf citing pain from a wisdom tooth as the reason for his withdrawal.
Horizon were not immediately available for comment, but Horizon boss Conor Ridge told the Irish Independent on Friday: "We simply do not comment on industry rumours or speculation. Horizon Sports Management always has and always will give first priority to the confidentiality of its clients."