Walsall have booked their place in the Johnstone's Paint Trophy Final at Wembley in March.
The Saddlers drew 0-0 at the Banks' Stadium in the northern area final second leg against Preston, after winning the first leg two nil.
Walsall FC have completed the signing of former Chelsea midfielder, Billy Clifford until January 2015.
The 21 year-old is a product of the Stamford Bridge youth ranks, having been associated with the Premier League since the age of eight.
He left Stamford earlier this month and has joined The Saddlers following two pre-season friendlies.
Walsall FC have responded to allegations of racism from a section of the crowd during their match against Wolverhampton Wanderers, saying those found guilty of racist abuse will be banned from the Banks's Stadium for life.
The club say they are working closely with Wolverhampton Wanderers and the police to investigate the alleged racist abuse, aimed at two Wolves players during the match.
Wolverhampton Wanderers have made an official complaint to the FA and to Walsall FC over alleged racism during the match between the two sides at the Banks's Stadium on Saturday.
In a statement, the club say racist abuse was aimed at defender George Elokobi in the first half while he warmed up as a substitute, and abuse aimed at goalkeeper Carl Ikeme came from behind the goal in the second half.
The statement continued:
The complaint relates to a small number of individuals in the crowd at Saturday’s game and will not sour the good relationship that exists between the two clubs.
Both Wolves and Walsall are fiercely committed to stamping out all types of discrimination within football and will vigorously investigate all allegations of racist abuse.
Wolves will always strongly support its players who are the victims of discrimination, and Carl Ikeme and George Elokobi both displayed admirable restraint in the face of receiving the abuse on Saturday.
Kenny Jackett also commented on the situation:
Both Carl and George received racist abuse at the game on Saturday and we have made an official complaint both to Walsall and the Football Association.
We were disappointed by what was said to our players but we have a lot of respect for Walsall Football Club and we know this will be down to individuals.
There is no place for racism either in football or in society and as a Head Coach and as a club we will back our players if they are on the end of it. We have made our statement and gone about things in the right way and will now leave the authorities to deal with the situation.
Walsall have completed the signing of Liverpool youngster Michael Ngoo, with the 21-year-old academy graduate moving on loan until the end of the current season.
According to Walsall FC's official twitter account:
"The Saddlers have secured the services of highly-rated Liverpool front-man, Michael Ngoo, on a loan deal until the end of the season, subject to the necessary clearance being received."
Walsall boss, Dean Smith, is looking forward to working with Ngoo and said of the player:
"He’s big, strong, athletic and can score goals. He will improve what we have already got here."
Walsall Football Club has signed James Chambers for another year and twin brother Adam, on a two year contract at Bank's Stadium.
“I’m really pleased that they have both signed new deals,” said manager, Dean Smith.
“They are fantastic professionals and good people to have around the place."
James Chambers joined the club in 2012 from Doncaster Rovers, having played for West Brom and Leicester City.
Adam joined the Saddlers in 2011 after a five year spell at Kidderminster Harriers.
The twin brothers were born in West Bromwich.
League One Walsall has solved its goalkeeping crisis by signing Manchester United youngster Sam Johnstone, on loan for the rest of the season.
Johnstone was born in 1993 and raised in Preston.
Karl Darlow has returned to Walsall FC on loan from Nottingham Forest.
The 22-year-old had an eight-game loan spell at the Banks' Stadium earlier in the season before being recalled to the City Ground.
The club say they're grateful for allowing Darlow to come back to Walsall.
The goalkeeper will wear the number 28 shirt and arrives on an initial month loan with a view to extend the deal for the rest of the season.
Walsall boss Dean Smith has committed his future to the League One club by signing a new two-and-a-half-year deal at Bank's Stadium.
The new deal will take Smith to the end of the 2014/2015 football season, he says looking forward to the future: