18 May 1987 – Graham Taylor resigns after 11 years as Watford manager to succeed Billy McNeill at relegated Aston Villa. During his time at Watford, Taylor took the club from the Fourth Division to the First, finishing league runners-up in their first top flight season and reaching the FA Cup final in their second. Southampton give a free transfer to their longest serving player Nick Holmes, the last remaining player from their 1976 FA Cup winning side.