Colchester challenged for the top four but once again fell short, on this occasion missing promotion by just two points. A tragic season saw forwardJohn Lyons take his own life, while Allan Hunter resigned two months later, replaced by his assistant Cyril Lea in February.
In the cups, Colchester were entered into the second and final iteration of the Football League Trophy, which the U's exited at the group stage, which defeats to Southampton and Torquay United in the second and first round of the League and FA Cup respectively denied the club a cup run.
Season overview
Allan Hunter continued in his role as player-manager for the new season, with former Ipswich Town coach Cyril Lea his assistant. Colchester led the table undefeated after seven games and earned a League Cup second round tie against Southampton. Following a 0–0 draw at Layer Road, with England international Peter Shilton in inspired form, the U's could not repeat their heroics from 1974 at The Dell, losing 4–2 and making another early exit.
The season then took a tragic turn, when in November, just hours after turning out for the U's against Chester City, forwardJohn Lyons committed suicide at his home in Layer de la Haye. After this incident and having to give up his own playing career, Allan Hunter resigned as manager in January with Colchester in seventh place. Cyril Lea took over initially until the end of the campaign and promptly won eight of his first eleven games. However, four defeats in 17 days during April cost the U's and they finished sixth position in the league, missing promotion by just two points.
Ian Allinson ended the season as Colchester's top scorer with 26 league and cup goals, while youth graduate Tony Adcock scored 17 goals. Veteran goalkeeper Mike Walker, who had missed just nine games in ten seasons for the club, announced his retirement at the end of the season.[5]