Chairman John W Smith First Division 1st FA Cup Final | Manager Bob Paisley European Cup Champions League Cup 2nd Round | |
Liverpool F.C. won their tenth Football League title after winning it for the second successive season, but lost out to Manchester United in the FA Cup Final, their defeat preventing them from becoming the first English club to win three major trophies in the same season.
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However four days after their defeat in the FA Cup Final they won the European Cup for the first time beating Borussia Mönchengladbach Three-One at the Olympic Stadium in Rome, becoming the Second English and the Third British club to win the trophy.
This was not only the final season, but the final game for Kevin Keegan before he moved to Hamburg for a British Record Transfer fee of £500,000.
One transfer that passed almost unnoticed as Liverpool were going for the treble, was the signing of Alan Hansen from Partick Thistle for £100,000.