1972–73 Newport County A.F.C. season

The 1972–73 season was Newport County's 11th consecutive season in the Football League Fourth Division since relegation at the end of the 1961–62 season and their 45th overall in the Football League. County missed out on promotion by the narrowest of margins: their goal average of 1.46 being inferior to that of Aldershot's 1.58 – both teams having finished level on points.