The departures of Giorgos Petridis, Fanis Tasinos and, above all, the legendary Kostas Nestoridis, after nine active seasons at the club, did not disturb the manager, Tryfon Tzanetis, who did not proceed in any particular transfer move.

Considering that the already existing roster that had been gradually acquired in the early 60's was sufficient to cope with the club's needs, proceeding only in the acquisition of the forward of Apollon Athens, Vasilis Mastrakoulis as a backup choice to Papaioannou and Papageorgiou who had formed an irreplaceable attacking duo.

As far as covering the gap in the midfield was concerned, this was filled with the definitive return to the team of the versatile Panagiotis Ventouris, after the end of his spell in South Africa during the previous season.

The championship race started with Olympiacos, having found in the person of Márton Bukovi their own reformer, seemed unstoppable, as they achieved 11 straight victories in the same number of games.

[1] The Hungarian-German coach made his mark from the start, when in the first two matches he achieved as many victories, including a home win against Olympiacos, reducing the distance from the top to 4 points.

However, five days later, the championship was interrupted for over a month, as the football stadiums were used by the rulers of the military dictatorship, that had meanwhile been imposed on the country as gathering places for arrested dissidents.

However, a goalless draw against Ethnikos at home, as well as the 1–1 at Karaiskakis Stadium against Olympiacos marked the end of the league race, as they finished second with a difference of 3 points from the red and whites.