The 1988–89 Full Members' Cup (also known as the Simod Cup for sponsorship reasons) was the fourth edition of the tournament created to compensate for the ban on English clubs from European football following the Heysel Stadium disaster. It was won by Nottingham Forest, who beat Everton 4–3 in the final at Wembley.
Liverpool, Arsenal, Manchester United and Tottenham opted out of this competition.
Note: Flags indicate national team as defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality.