The game was re-released a year later to include updated teams and player details for the 1995–96 football season.

The player has to manage not only the team and tactics to win football matches but also the club's finances, such as applying for bank loans, organising advertising boards, and scheduling stadium improvements.

These are team settings, telephone, fax machine, sponsorship, ground improvements, business case, club finances, transfer market, history, league tables, cup competitions, and the option to play the next match.

[1] When the game starts, the user takes control of a Conference League team of their choice.

To be successful, the user must not only win football matches, but also manage the finances of the club well.

In 1996, Premier Manager 3 Deluxe was released which included the updated league, team and player statistics for the 1995–96 football season.

[6] The review from Amiga Computing gave the game its "Gold Award" and recommended readers purchase Premier Manager 3.

The review also attacked the method of playing the game as flawed due to not being able to compare tactics against the opposing team's players.

This was separate software that would allow the user to edit statistics of teams, players, stadia, and other in game details.