Yes. It was the season that we went down. With Albion as a mid-table Second Division side when Mullery was sacked in January 1987 (comfortably clear of relegation), Lloyd took three months to register his first win as manager, and so Albion finished bottom. The way Lloyd rebuilt the squad was...
On a slight tangent: Whatever became of Robert Codner? Is he still a football agent?
Also, did he continue to moonlight as a financial consultant throughout his time with the club?