The 2002/03 season was the 106th season of competitive football in Scotland
The successes of the previous season took their toll almost immediately with the club suddenly finding themselves in a financial crisis with owner Bill Barr leaving the club.
The depts meant that Ayr had to sell their successful team and the process brought about manger Gordon Dalziel’s contract not being renewed when it came up for renewal in November 2002.
Replacement manager Campbell Money steadied the ship in the face of the crisis and did well to keep the club in the First division despite some very bad results in the last few matches.
The club had a successful Irish tour to begin the season but soon found themselves at the wrong end of a 3-0 defeat against Dumbarton in the Challenge Cup.
The season proved steady with some good wins against most clubs in the league the best being a festive season 4-0 win over Arbroath.
The Scottish Cup brought about a win against Peterhead and then a 1-0 defeat to Rangers in the fourth round.
The club maintained good league results but not comverting draws into wins were their downfall and a 6th place, 10 points above relegation, was all that they could muster.