The Setanta Sports Cup may yet survive, despite the on-going financial problems surrounding the troubled broadcaster.
The British division of Setanta Sports went into administration last week after losing the rights to the Barclays Premier League and the SPL.
Despite the fact the Setanta's Irish business continues to trade there have been doubts over the future of the Setanta Sports Cup, which were heightened when the draw for the competition was postponed.
However following a meeting between the competition's organisers and the participating clubs there may be light at the end of the tunnel.
In a statement, the FAI confirmed that they are working to ensure the competitions survival and said: 'The broadcaster has written to the organising committee outlining their intention to secure the future of their Irish operation.
'They also underlined that they are positively disposed to the Setanta Sports Cup. Setanta Sports has made a commitment to remain in close contact with the organising committee while they endeavour to secure their Irish operation.
'The Setanta Sports Cup Organising Committee, the FAI and the IFA will continue working closely with Setanta Sports during this process.
'Clubs were understanding of the situation and will be kept informed of developments.'
