Leicester City earned a somewhat controversial promotion, as administration and a Creditor's Voluntary Agreement wrote off much of their £30million debt. Partly as a result of this, the League would introduce a 10-point subtraction for any teams entering administration from the next season onwards. The play-offs were won by Wolves, returning to the top flight after nearly 20 years and finally allowing owner Sir Jack Hayward to see the return he wanted on his years of investment. Their opponents, Sheffield United, were semi-finalists in both domestic cups.