1981–82 Football League Cup

The 1981–82 Football League Cup (known as the Milk Cup for sponsorship reasons) was the 22nd season of the Football League Cup, a knockout competition for England's top 92 football clubs. The competition started on 31 August 1981 and ended with the final on 13 March 1982.

The final was contested by First Division teams Tottenham Hotspur and Liverpool at Wembley Stadium in London.

Semi-finals
Holders Liverpool defeated Ipswich Town – who were also competing with them for the league title – over the two legs to reach the final. Fellow title contenders Tottenham Hotspur won the other semi-final against relegation threatened West Bromwich Albion.