The League will receive �2m cash and a �3m advance on the liquidation of ITV Digital from the latest package.

Many clubs are fighting for survival after losing the battle for compensation from ITV Digital's parent companies Carlton and Granada following the breakdown of the live deal.

But the League will not have to pay Carlton and Granada's estimated �1m costs from its recent failed legal action against the ITV owners.

All 72 clubs will receive immediate cash payments of �111,000 for those in Division One, �54,000 for Division Two sides, and �42,000 for those in Division Three.

Highlights from the Nationwide League, Worthington Cup and LDV Vans Trophy will be screened on a regional basis from this weekend.

"Despite recent history the fact remains that ITV's unrivalled regional network is a natural partner for the Football League," said Football League commercial director Richard Masters.

"This new agreement will give supporters the access to their club's goals to which they have become accustomed, a level of access that no other terrestrial broadcaster can match."

"The agreement provides not only an advance on monies from the liquidation, it also reserves the League's position with regard to possible future payments made by the liquidator."

Peter Heard, acting chairman of the League admitted that past history had made it difficult for some clubs to accept the new deal.

He said: "There can be no denying that this was a difficult decision for the League to make, given the reasons behind the serious financial hardship that a number of our clubs are currently facing.

"However, we must now begin to look to the future and having consulted with all our clubs I believe it right to enter into an agreement that will give more supporters the opportunity to see their club's goals.

"And it will deliver much-needed finance and will ensure the level of exposure that our sponsors have come to expect."