Following promotion as champions of Division Three the previous season, the club competed in Division Two, as well as the League Cup and FA Cup.
After a promising start which saw only one point dropped in the first three matches, Hereford's form nosedived as it became clear that most other clubs possessed greater strength in depth and players more suited to the demands of Second Division football.
This was amply demonstrated by successive matches in the autumn when Hereford were beaten 4–1 at Fulham by a team containing Bobby Moore, Rodney Marsh and George Best, then thrashed 6–1 at home a week later by a Wolverhampton Wanderers side containing the likes of Steve Kindon, Kenny Hibbitt, Alan Sunderland and Bobby Gould.
A late rally (four wins and only one defeat from the final nine matches) proved to be too little, too late and relegation was confirmed following a goalless draw against Carlisle United with three matches still to play.
[1] Players who made one appearance or more for Hereford United F.C.