Setanta unveil cash rewards for new year
The Setanta Sports Cup Organising Committee have confirmed that the prize fund for the 2012 competition will remain the same as last year.
The cross-border tournament, which began back in 2005, will once again operate on a straight knockout basis with four Carling Premiership sides facing off against League of Ireland opposition in the first round before a further two representatives from either side of the border join in at the quarter final stage.
The winners will pocket just over £40,000 with the runners-up landing a cheque for £25,000.
Each of the defeated semi-finalists will pick up £12, 500, teams who exit the competition in the quarter finals will earn just over £8,000 with every side guaranteed a minumum of £6,000 just for taking part.
In addition, clubs will pick up a £1,700 bonus for every game they win and £850 per draw in the lead-up to the final.
Milo Corcoran, Chairman of the Setanta Sports Cup Organising Committee, yesterday outlined his delight to see the tournament returning for another year.
"I thank Setanta Sports for their ongoing commitment to the competition and everyone from the FAI and IFA who give it support.
"With standards continuing to increase on both sides of the border, the 2012 Setanta Sports Cup is sure to be a big draw with numerous exciting potential ties."
The draw for the first round - which will see Cliftonville, Glentoran, Lisburn Distillery and Portadown paired against Derry City, St Patrick's Athletic, Bohemians and Bray Wanderers - will take place on January 25 with their first leg ties scheduled for February 13 and return games a week later.
The four winning teams will then progress to the quarter-finals, where Linfield, Crusaders, Sligo Rovers and current champions Shamrock Rovers enter the mix.