As a result, they were relegated back to Division Two a season after their promotion from it, and did not compete in the top flight again until 2010–11.

Blackpool won the Anglo-Italian Cup for the first and only time, beating Bologna 2–1 in the final at the Stadio Renato Dall'Ara in the Italian city.

Les Shannon left his position as manager during the season after only seventeen months in charge.

Jimmy Armfield retired at the end of the season after seventeen years of service for Blackpool, his only professional club.

His final appearance was against Manchester United at Bloomfield Road, in front of a crowd of 30,000.