The club struggled to repeat the successes of its previous season and fell victim to "second season syndrome". They were knocked out of both domestic cups at the first round of entry, and finished 17th in the league after securing Premier League survival on the last day of the season in an away win against Sheffield United, who were relegated instead on goal difference.

A day after the end of the season, manager Paul Jewell resigned after six years in charge of the club. His assistant manager Chris Hutchings was appointed as his replacement. Summer signing Emile Heskey (signed for a record fee of £5.5 million) finished the season as the club's top goalscorer with a total of nine goals, and left-back Leighton Baines won the Supporters' Player of the Year award, and the Players' Player award.

Source: Barclays Premier League
Rules for classification: 1) points; 2) goal difference; 3) number of goals scored
For further information on European qualification see Premier League – Qualification for European competitions.
(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.
Pld = Matches played; W = Matches won; D = Matches drawn; L = Matches lost; F = Goals for; A = Goals against; GD = Goal difference; Pts = Points

^1.Since the finalists of the 2006–07 FA Cup (Manchester United and Chelsea) and the League Cup winners (Chelsea) had already qualified for the 2007–08 UEFA Champions League through their Premier League positions, their 2007–08 UEFA Cup places were given to the 6th- and 7th-placed Premier League teams.

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