This season saw the return of Tony Hand as player/coach, after taking the Giants to a 2nd-place finish during the previous year. In the regular season, the team finished last with 23 points in 42 games. Due to the London Racers folding mid-season, the Capitals made the playoffs by default and were placed in a group with Nottingham Panthers, Sheffield Steelers and eventual 2005–06 playoff champions, Newcastle Vipers. The team finished bottom of the group with two points in six playoff games.