Season 1997–98 was an unqualified disaster for Hibs, as the club was relegated to the First Division by finishing bottom of the Premier Division. There was also disappointment in the cup competitions, as the club were beaten by First Division club Raith Rovers in the Scottish Cup, and Dundee United in the League Cup. Manager Jim Duffy was sacked and replaced by Alex McLeish midway through the season.

Hibs got off to a good start to the season, winning 2–1 against Celtic on the opening day, with Chic Charnley scoring a memorable winning goal. The season "rapidly turned into a nightmare", however. With the club four points adrift at the bottom of the league, manager Jim Duffy was sacked after a 6–2 defeat by Motherwell.Alex McLeish was hired as Duffy's replacement, but he was unable to save the club from relegation to the First Division, despite improved levels of performance and determination.

Source: Rec.Sport.Soccer Statistics Foundation
Rules for classification: 1) points; 2) goal difference; 3) number of goals scored
(C) = Champion; (R) = Relegated; (P) = Promoted; (E) = Eliminated; (O) = Play-off winner; (A) = Advances to a further round.
Only applicable when the season is not finished:
(Q) = Qualified to the phase of tournament indicated; (TQ) = Qualified to tournament, but not yet to the particular phase indicated; (RQ) = Qualified to the relegation tournament indicated; (DQ) = Disqualified from tournament.

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