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Louis Walsh has told the Irish Daily Mail that he is "overjoyed" after his sexual assault accuser today retracted his claims.

Mr Walsh told the Mail: ‘I have been informed by An Garda Síochána that I am now no longer under investigation. I have robustly maintained from the outset that this alleged incident did not occur.

‘While I obviously welcome today’s confirmation from the Garda that the matter has been dropped I remain outraged that this story ran in the first place in The Sun and I have instructed my libel lawyer to vigorously pursue legal action against the paper.

‘I have no intention of letting this matter rest until I have received total and absolute vindication. This has been a hugely distressing time for me but I would like to thank all my friends and colleagues for their support and I am now just looking forward to getting back to work.

Eoin Murphy, who spoke with the music manager and X Factor judge in an exclusive interview last weekend, broke the news this morning by tweeting his 1,000+ Twitter followers: ‘Louis Walsh completely vindicated. His accuser withdraws statement and admits lies.’

Mr Murphy had spoke with Louis and the ex-girlfriend of the accuser for two exclusives in the tabloid last weekend, where it was claimed that the unidentified man was a woman beater.

The legally-unidentified man made his complaint against the music manager and X Factor judge on to Gardaí on 9 April, saying that he had been assaulted in the Krystle nightclub on Harcourt Street, Dublin.

Following the move by some newspapers to reveal the identity of the accusers, solicitors representing the 24-year-old had sought to protect his privacy, claiming that such action had hampered the Garda investigation into the allegation and constituted a "gross violation" of his human rights.

Throughout the ordeal, Walsh has strenuously re-iterated his innocence and confirmed plans to hire a "round the clock" security detail to protect himself from future accusations.

Louis’ main act, Westlife, had vowed that they will give evidence to help clear their managers name if the claim comes to trial.