Football League chief executive David Burns said: "Twelve months ago this step was rejected because of the absence of a suitable financial package.

"I am very glad to say that this is no longer the case and I would like to thank The Football Association for the role they have played in bringing this matter to a successful conclusion.''

The F.A. has been involved in continuing negotiations over financial arrangements which will help to cushion the implications of relegation for Football League clubs.

Burns also paid tribute to the "sensible and consistent approach" shown by the Football Conference.

"The Conference has been a national league for over 20 years with crowds now averaging over 1,500.

"There is no doubt that this extra promotion place will enable it to enhance and add to its appeal and this can only be good for football as a whole."