Runners up
| Pos | Club | P | W | D | L | GF | GA | GD | Pts | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Grimsby Town | 46 | 28 | 7 | 11 | 88 | 56 | 2 | 63 | pr |
| 2 | Southend United | 46 | 24 | 12 | 10 | 81 | 55 | 1 | 60 | pr |
| 3 | Brentford | 46 | 24 | 11 | 11 | 76 | 44 | 2 | 59 | pr |
| 4 | Scunthorpe United | 46 | 22 | 13 | 11 | 56 | 37 | 2 | 57 | pr |
| 5 | Lincoln City | 46 | 21 | 14 | 11 | 77 | 59 | 1 | 56 | |
| 6 | Workington | 46 | 16 | 19 | 11 | 50 | 34 | 1 | 51 | |
| 7 | Southport | 46 | 18 | 14 | 14 | 66 | 46 | 1 | 50 | |
| 8 | Peterborough United | 46 | 17 | 16 | 13 | 82 | 64 | 1 | 50 | |
| 9 | Bury | 46 | 19 | 12 | 15 | 73 | 59 | 1 | 50 | |
| 10 | Cambridge United | 46 | 17 | 14 | 15 | 62 | 60 | 1 | 48 | |
| 11 | Colchester United | 46 | 19 | 10 | 17 | 70 | 69 | 1 | 48 | |
| 12 | Doncaster Rovers | 46 | 16 | 14 | 16 | 56 | 63 | 1 | 46 | |
| 13 | Gillingham | 46 | 16 | 13 | 17 | 61 | 67 | 1 | 45 | |
| 14 | Newport County | 46 | 18 | 8 | 20 | 60 | 72 | 1 | 44 | |
| 15 | Exeter City | 46 | 16 | 11 | 19 | 61 | 68 | 1 | 43 | |
| 16 | Reading | 46 | 17 | 8 | 21 | 56 | 76 | 1 | 42 | |
| 17 | Aldershot | 46 | 9 | 22 | 15 | 48 | 54 | 1 | 40 | |
| 18 | Hartlepool | 46 | 17 | 6 | 23 | 58 | 69 | 1 | 40 | |
| 19 | Darlington | 46 | 14 | 11 | 21 | 64 | 82 | 1 | 39 | |
| 20 | Chester | 46 | 10 | 18 | 18 | 47 | 56 | 1 | 38 | |
| 21 | Northampton Town | 46 | 12 | 13 | 21 | 66 | 79 | 1 | 37 | re |
| 22 | Barrow | 46 | 13 | 11 | 22 | 40 | 71 | 1 | 37 | r |
| 23 | Stockport County | 46 | 9 | 14 | 23 | 55 | 87 | 1 | 32 | re |
| 24 | Crewe Alexandra | 46 | 10 | 9 | 27 | 43 | 69 | 1 | 29 | re |
| Date | Opponent | Score | Att. | ||||
|---|---|---|---|---|---|---|---|
| 26 July 1971 | Away | Kalinin Volga | Tour | 0–1 | L | 19000 | → |
| 30 July 1971 | Away | Tula Metallist | Tour | 1–2 | L | 14000 | → |
| 3 August 1971 | Away | Black Sea Select XI | Tour | 0–2 | L | 9000 | → |
| 5 August 1971 | Away | Shinnik Jaroslavl | Tour | 0–1 | L | 12000 | → |
| 9 August 1971 | Home | Millwall | Friendly | 4–1 | W | 0 | → |
| 14 August 1971 | Away | Peterborough Utd | League | 0–2 | L | 4557 | → |
| 18 August 1971 | Away | Aldershot | League Cup | 1–1 | D | 5159 | → |
| 20 August 1971 | Home | Darlington | League | 3–0 | W | 6360 | → |
| 23 August 1971 | Home | Aldershot | League Cup | 1–2 | L | 7729 | → |
| 28 August 1971 | Away | Hartlepool AFC | League | 2–2 | D | 5437 | → |
| 30 August 1971 | Home | Scunthorpe United | League | 2–3 | L | 6704 | → |
| 4 September 1971 | Home | Bury | League | 0–0 | D | 5222 | → |
| 11 September 1971 | Away | Aldershot | League | 0–0 | D | 4611 | → |
| 17 September 1971 | Home | Grimsby Town | League | 3–1 | W | 6211 | → |
| 25 September 1971 | Away | Doncaster Rovers | League | 2–0 | W | 3884 | → |
| 27 September 1971 | Home | Newport County | League | 3–1 | W | 7145 | → |
| 1 October 1971 | Home | Southport | League | 2–1 | W | 10316 | → |
| 9 October 1971 | Away | Chester City | League | 1–1 | D | 4092 | → |
| 15 October 1971 | Home | Peterborough Utd | League | 2–1 | W | 10594 | → |
| 18 October 1971 | Away | Colchester United | League | 0–1 | L | 9609 | → |
| 23 October 1971 | Away | Brentford | League | 2–1 | W | 14000 | → |
| 29 October 1971 | Home | Barrow | League | 1–0 | W | 12426 | → |
| 6 November 1971 | Away | Workington | League | 1–3 | L | 3849 | → |
| 12 November 1971 | Home | Exeter City | League | 3–0 | W | 10107 | → |
| 20 November 1971 | Home | Aston Villa | FA Cup | 1–0 | W | 16929 | → |
| 26 November 1971 | Home | Stockport County | League | 4–2 | W | 9299 | → |
| 4 December 1971 | Away | Cambridge United | League | 1–1 | D | 6260 | → |
| 11 December 1971 | Away | AFC Bournemouth | FA Cup | 0–2 | L | 14643 | → |
| 18 December 1971 | Away | Bury | League | 0–2 | L | 3077 | → |
| 27 December 1971 | Home | Lincoln City | League | 2–1 | W | 15434 | → |
| 1 January 1972 | Away | Grimsby Town | League | 1–4 | L | 9137 | → |
| 7 January 1972 | Home | Hartlepool AFC | League | 3–1 | W | 6327 | → |
| 15 January 1972 | Away | Crewe Alexandra | League | 2–1 | W | 1493 | → |
| 22 January 1972 | Away | Newport County | League | 0–2 | L | 3535 | → |
| 28 January 1972 | Home | Colchester United | League | 1–4 | L | 8971 | → |
| 4 February 1972 | Home | Bristol City | Friendly | 0–1 | L | 0 | → |
| 12 February 1972 | Home | Brentford | League | 3–1 | W | 9658 | → |
| 19 February 1972 | Away | Barrow | League | 1–2 | L | 2068 | → |
| 25 February 1972 | Home | Workington | League | 2–0 | W | 7335 | → |
| 4 March 1972 | Away | Exeter City | League | 0–0 | D | 3336 | → |
| 10 March 1972 | Home | Chester City | League | 4–2 | W | 8189 | → |
| 13 March 1972 | Home | Crewe Alexandra | League | 4–1 | W | 8148 | → |
| 18 March 1972 | Away | Darlington | League | 3–2 | W | 2280 | → |
| 22 March 1972 | Away | Reading | League | 4–1 | W | 6045 | → |
| 24 March 1972 | Home | Aldershot | League | 1–0 | W | 12181 | → |
| 31 March 1972 | Home | Doncaster Rovers | League | 2–1 | W | 15814 | → |
| 1 April 1972 | Away | Lincoln City | League | 0–0 | D | 12199 | → |
| 3 April 1972 | Away | Southport | League | 1–0 | W | 3320 | → |
| 7 April 1972 | Home | Reading | League | 4–1 | W | 13252 | → |
| 11 April 1972 | Away | Northampton Town | League | 1–1 | D | 3604 | → |
| 14 April 1972 | Away | Stockport County | League | 2–2 | D | 2513 | → |
| 17 April 1972 | Home | Northampton Town | League | 4–1 | W | 13399 | → |
| 21 April 1972 | Home | Cambridge United | League | 1–2 | L | 17059 | → |
| 25 April 1972 | Away | Scunthorpe United | League | 1–1 | D | 8540 | → |
| 29 April 1972 | Away | Gillingham | League | 0–0 | D | 6092 | → |
| 3 May 1972 | Home | Gillingham | League | 2–2 | D | 15854 | → |
| 18 May 1972 | Home | Stoke City | Friendly | 2–4 | L | 0 | → |