 The 1997 Premier League Knockout Cup was the 30th edition of the Knockout Cup for tier two teams and the first with the name Premier League Knockout Cup.Edinburgh Monarchs were the winners of the competition.During 1995 and 1996 the British League merged and ran as one newly named Premier League, which therefore meant that the second tier of speedway in the United Kingdom was the 1995 Academy League season, followed one year later by the 1996 Speedway Conference League season.