Bob Paisley's Liverpool retained their league championship trophy after fighting off a determined challenge by Dave Sexton's Manchester United.
Kevin Keegan ended his three-year spell with Hamburger SV in Germany and returned to England in a shock £400,000 move to Southampton.
Keegan was the current European Footballer of the Year and rated as one of the best strikers in the world, while Southampton were still struggling to establish themselves as a First Division side.
Grimsby Town, Blackburn Rovers and Sheffield Wednesday all achieved some long-awaited success by gaining promotion from the Third Division.
Fallen giants Huddersfield Town and Portsmouth finally achieved some success by gaining promotion from the Fourth Division.
[2] Liverpool won the First Division title for the fourth time in five seasons, finishing two points above Manchester United, who had their best league campaign for more than a decade.