Arsenal won the league championship at the home of their North London rivals, Tottenham Hotspur, with Ray Kennedy scoring the winner.
Burnley and Blackpool (who won this year's Anglo-Italian Cup) were relegated to the Second Division.
Wilf McGuinness was sacked after 18 unsuccessful months as manager of Manchester United.
Leicester City manager Frank O'Farrell was appointed at the end of the season.
Blackburn Rovers and Bolton Wanderers, two of the most famous and historic names in English football, were relegated to the Third Division.
Preston North End and Fulham finally had something to shout about by getting promoted to the Second Division.
Halifax Town achieved its best ever league position, missing out on the Second Division by one place.