Leeds United won the League for the first time in their history, finishing six points ahead of Liverpool. Newly promoted Queens Park Rangers were relegated after finishing bottom along with Leicester City.
Derby County were runaway winners of the Second Division and they were joined in promotion by runners-up Crystal Palace. Despite still boasting the talents of Johnny Haynes and George Cohen, Fulham finished bottom and were relegated. They were joined in the Third Division by perennial strugglers Bury
Watford won the Third Division title on goal average from Swindon Town and both teams were duly promoted. At the bottom end Northampton Town, Hartlepool, Crewe Alexandra and Oldham Athletic were all relegated.
The Fourth Division was won by Doncaster Rovers, who were promoted along with Halifax Town, Rochdale and Bradford City. No team failed re-election so no new members were admitted to the Football League.
Beginning with the season 1894–95, clubs finishing level on points were separated according to goal average (goals scored divided by goals conceded), or more properly put, goal ratio. In case one or more teams had the same goal difference, this system favoured those teams who had scored fewer goals. The goal average system was eventually scrapped beginning with the 1976–77 season.