 Under Bobby Collins and then Tom Johnston, Town managed a 4th round appearance in the season's FA Cup competition and a 5th-place finish in Division 4.Town managed to finish just one place and two points behind 4th-placed Tranmere Rovers.Following their third relegation in four seasons, Town started the 1975–76 season in the Fourth Division, a level never seen by the Terriers, or by any team who had won the First Division.