Walsall will travel to face Bradford or Barnsley in the FA Cup third round.
The Saddlers beat Yeovil on Saturday to progress from the second round, while Barnsley and Bradford must replay after a 1-1 draw.
Player-boss Paul Merson said: ‘Money earned from this win and being in the next round can bring us in a quality player on loan.’
The third round tie will be played ont he weekend of January 7/8.
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