The 2008–09 season was the 123rd season in the history of Luton Town Football Club. The team's 24th-place finish in League One in 2007–08 meant the club competed in League Two. The club was docked 30 points at the start of the season; 10 by The Football Association for irregular matters involving player transfers, and 20 by the Football League for breaking rules on exiting administration. As a result, the club finished bottom of the league and was relegated to the Conference Premier. The season was not, however, without success – Luton beat Scunthorpe United 3–2 at Wembley to win the Football League Trophy for the first time.