The FA have clinched a $1 billion TV rights deal for the FA Cup.

The Mail on Sunday says the six-year contract, which runs from the 2018-19 season and is due to be announced at the start of next week, has greatly benefited from the Brexit vote.

It was negotiated with two TV rights selling agencies, Pitch International and IMG, in US dollars which have become more valuable against the weakening pound following the referendum decision to leave the EU.

Pitch International are believed to have guaranteed the FA over $300m (£245m) to sell FA Cup rights into the Europe and Middle East markets.

Yet IMG are forking out an astonishing $700m (£575m) for the rest of the world's territories — an investment that shows enormous faith in the FA Cup's continued standing as the football world's most famous club knockout competition at a time when the Premier League dominates the UK landscape.