Arsenio Iglesias guided Deportivo to the most successful season in their history, up to that point, in 1994–95.

They matched their performance from the previous season in both La Liga, where they finished as runners-up four points behind champions Real Madrid, and the UEFA Cup, where they were eliminated after extra time in the third round by German side Borussia Dortmund.

The first cup final in their history saw them face Valencia at Santiago Bernabéu Stadium in Madrid on 24 June, and the first half went well as Javier Manjarín gave Depor the lead after 35 minutes.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.