Linfield were the defending champions after their fourth League Cup win last season; a 1–0 victory over Glentoran in the previous final. This season they became the first club ever to successfully defend the trophy. In a repeat of the previous final, Linfield once again came out on top with a 2–1 victory against Glentoran in the final, lifting the cup for the fifth time and condemning the Glens to defeat in the final for the third season running, which is a record for successive final defeats in the competition that still stands.
The competition was re-structured this season, allowing only the 10 top-flight clubs and the 8 second-tier clubs to enter. This reduced the number of clubs taking part from 32 down to 18.