Chesterfield won the match 2–0 thanks to goals from Tony Lormor and Phil Robinson to gain promotion back to the third tier of English football five seasons after being relegated. For the club's manager, John Duncan, it was his second success with Chesterfield as a manager, having won the Fourth Division title in 1985. His counterpart, Mike Walsh, parted company with Bury less than four months later.
Chesterfield had finished the 1994–95 Football League season in third place in the Third Division, one place ahead of Bury. Therefore, both missed out on the two automatic promotion places and instead took part in the play-offs to determine who would join Carlisle United, and Walsall as the third promoted team. On the final day of the league season, Chesterfield had the opportunity to finish second in the table and thereby clinch the final automatic promotion place but a 2–2 draw at Saltergate against Colchester United was not enough to overtake Walsall, after they also drew 0–0 away to Bury.
Chesterfield drew the first leg of their semi-final tie 1–1 at Field Mill after Robinson's opener for the visiting side was cancelled out by Stewart Hadley. They then came through the second leg at Saltergate after Mansfield had forced extra-time with 10-men. Two goals from Nicky Law and further strikes from Jonathan Howard, Lormor, and Robinson ensured their progress, 6–3 on aggregate.