The 1984–85 season, Wallace's first full season in charge since his return, was almost a carbon copy of its predecessor. Rangers again finished fourth in the league but it was by a record twenty-one point margin behind champions Aberdeen. This disappointing performance was not caused due to a lack of investment in the playing squad. A total of £495,000 was spent bringing in Iain Ferguson and Cammy Fraser from Dundee, Ted McMinn from Queen of the South and bringing back Derek Johnstone from Chelsea. The club won the Scottish League Cup for the second season in a row defeating Dundee United in the final. A solitary Iain Ferguson strike gave Rangers a 1–0 win.