The competition began on 11 August 1997, and ended with the final on 29 March 1998, held at Wembley Stadium.
1 Team at home in the 1st leg is denoted as the home team The 35 winners from the First Round joined the 13 Premier League clubs not participating in European competition and Middlesbrough and Sunderland who were relegated from the Premier League last season.
Arsenal's hopes of a unique domestic treble were ended by London rivals Chelsea, while Liverpool suffered a surprise exit at the hands of Middlesbrough.
Middlesbrough win 3-2 on aggregate Chelsea win 4-3 on aggregate The 1998 Coca-Cola Cup Final was played on 29 March 1998 and was contested between Chelsea and Middlesbrough at Wembley Stadium.
Chelsea won the final 2–0 in extra time thanks to goals from Frank Sinclair and Roberto Di Matteo.