Liverpool won the championship (their first in 7 years) in Bill Shankly's penultimate season as manager despite competition from Arsenal, Leeds United, Ipswich Town and Wolverhampton Wanderers.

[1] Manchester United sacked manager Frank O'Farrell after 18 months in charge, following a terrible first half of the season which left them in serious danger of relegation only five years after their European Cup victory.

Neighbours Manchester City had a similarly poor campaign and were nearly relegated only a year after narrowly missing out on the title, but recovered well to finish safely in mid-table after manager Malcolm Allison was replaced by Johnny Hart late in the season.

Sunderland goalkeeper Jim Montgomery also received plaudits after a good performance featuring a noted double-save from Trevor Cherry and Peter Lorimer.

Derby County lost to the eventual finals runner-up Juventus by an aggregate score of 3–1 in the semifinals of the European Cup.