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Ian ‘Molly’ Meldrum feels “huge relief” he and Elton have ended one of showbiz’s most famous feuds.

The 72-year-old and 76-year-old patched things up during a private meeting brokered by the singer before his Farewell Yellow Brick Road concert in Melbourne on December 14.

“It was just Elton and I, talking about the old days and our wonderful friendship,” Meldrum told the Herald Sun.

 “It was lovely. We had a great conversation. We talked about when we first met, all the things we’ve been through, and how important our friendship is.”

Elton gifted Molly a book signed with a message that mentioned “so many great times and so many not so great times,” then dedicated Don’t Let the Sun Go Down on Me to him during the show.

“We’ve had tears, we’ve had laughter, but we’ve had a friendship that’s lasted so long,” Elton told the audience, as Meldrum blew a kiss.

“I don’t think anyone has done more for music in Australia than Molly Meldrum. Molly, I love you. I thank you dearly for everything you’ve done for me.”

Their disagreement began when Elton made some cutting comments about Madonna that weren’t supposed to be broadcast.

The former Countdown host wrote in his 2016 book Ah Well, Nobody’s Perfect that “a Sunday Night producer went behind my back” by airing the footage.

 When he heard Elton’s tribute to him at the Saturday concert, “I almost fell off my chair. It was unbelievable,” Meldrum said.

“I was very humbled.”