The club's top league scorers were Paul Peschisolido and Andy Saville with seven goals.

Off the field, the collapse of the Bank of Credit and Commerce International (BCCI) put the club owners' business into receivership; in November 1992 BCCI's liquidator put up for sale their 84% holding in the football club.

[1] The club continued in administration for four months, until Sport Newspapers proprietor David Sullivan bought it for £700,000.

He installed the 23-year-old Karren Brady as managing director and Jack Wiseman remained as chairman.

Manager Terry Cooper was given money for signings,[2] and on the last day of the season, the team avoided relegation back to the third tier.