On Monday administrators were given an extra week by the high court to reach a settlement with the League.
The pay-TV operator was expected to put a new deal on the table today, but the withdrawal of the offer suggests that administrators have opted to liquidate the company.
Deloitte said: ‘The shareholders are re-evaluating the business plan and therefore no formal offer has been made to the Football League.
‘Discussions with all suppliers will continue. As indicated on 15 April, while we seek to establish whether the company can be preserved, we are also preparing the business for sale.’
The move also leaves Carlton and Granada wide open for attack as the League sues ITV Digital’s parent companies for £500m in advertising revenue.
ITV Digital’s demise leaves the League in dire straits and many of its clubs, which are already in administration, could face being merged or wound up if additional funding is not found.
An initial offer of £50m was dismissed by the League last month and the offer was later raised to £75m.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children