Oxford United and the rest of football were given the news it was fearing on Tuesday when it was announced that satellite company Setanta had gone into administration.

United receive a near-£80,000 from the Irish broadcaster.

Chairman Kelvin Thomas has already said they had included the Setanta cash in their budget for next season.

But he also explained that they had contingency plans in place should the company go into administration.

On a wider scale, the Football Association face the need to cover a £100m gap in their finances to minimise the effect on grass-roots football.

The FA will now sell off the rights to England and FA Cup matches previously held by the Irish broadcaster.

Setanta were 12 months into a four-year deal with the FA worth £150m, and it is understood £100m was still to be paid.

Deloitte have been appointed as administrators and Setanta will soon cease to broadcast to the UK.

There will be 200 job losses in respect of the company’s GB business.