Bob Paisley’s last season as Liverpool manager ended on a high as they topped the First Division with a comfortable lead.
Queens Park Rangers, Wolverhampton Wanderers and Leicester City won promotion to the First Division.
Portsmouth's revival continued as they ran away with the Third Division championship, followed closely behind by runners-up Cardiff City and third-placed Huddersfield Town.
Newport County finished 4th, their highest post-World War II position in the Football League.
Paisley, who had won 21 major trophies in nine seasons as manager, handed over the reins to his assistant Joe Fagan.
Brighton & Hove Albion, who took Manchester United to a replay in the FA Cup final, went down in bottom place after four seasons in the First Division.
Swansea City, who had finished sixth on their First Division debut a year earlier, were unable to maintain their fine form for a second season, and went down in second place from bottom.