1992–93 Football League First Division

Newcastle United, who won their first 10 league games, clinched the Division One title with an impressive 96 points to end a four-year exile from the top flight of English football. West Ham United sealed an instant return to the top flight a year after relegation, edging ahead of Portsmouth to finished second. Portsmouth's promotion bid ended in the playoff semi-finals when they were beaten by Leicester City, who went on to lose the final 4-3 to Swindon Town. The other losing semi-finalists in the playoffs were Tranmere Rovers, playing only their second season at this level in the postwar era.

Millwall finished one place outside the playoff zone in the first season in management for Mick McCarthy, while pre-season promotion favourites Derby County could only manage an eighth-place finish despite having the most expensively-assembled squad in the division. Grimsby Town and Peterborough United finished in the top half of the table, comfortably above bigger clubs like Wolverhampton Wanderers and Birmingham City.

Luton Town and Notts County, newly relegated from the top flight, spent the season battling at the wrong end of the division but managed to avoid a second successive relegation, as did a Sunderland side who had been FA Cup finalists one season earlier and members of the top flight two seasons earlier.

Bristol Rovers went down in bottom place after a dismal season. Cambridge United, playoff semi-finalists the previous season, struggled after the sale of Dion Dublin and went down on the last day of the season, as did a Brentford side who had been on the fringe of the playoff places at Christmas.