The 1995 Football League Cup Final was a football match played between Liverpool and Bolton Wanderers on 2 April 1995 at Wembley Stadium, London. It was the final match of the 1994–95 Football League Cup, the 35th staging of the Football League Cup, a football competition for the 92 teams in the Premier League and The Football League. This was Liverpool's seventh final appearance, having previously won four and lost twice. In contrast, Bolton appeared in their first-ever final.

Both teams entered the competition in the second round. Liverpool's matches were closely contested, with the exception of a 4–1 victory over Burnley in the second round. Otherwise, their biggest margin of victory was by two goals over Blackburn Rovers in the fourth round. Bolton's matches were equally close. Their biggest margin of victory was three goals in the second round against Ipswich Town, while they beat Norwich City by a single goal in the quarter-finals.

Watched by a crowd of 75,595, Bolton controlled the early exchanges in the match, but it was Liverpool who took the lead in the 37th minute when Steve McManaman scored. McManaman scored again in the 68th minute to extend Liverpool's lead to two goals. However, a minute later, Alan Thompson scored for Bolton to reduce the deficit to one goal. Despite repeated attacks, Bolton did not score an equaliser and Liverpool won the match 2–1.

Liverpool's victory was their fifth in the competition. McManaman was named as man of the match and awarded the Alan Hardaker Trophy. His performance was praised by both managers, as was the performance of both teams. Liverpool's win qualified Liverpool to play in European competition the following season, while Bolton would win promotion to the Premier League following a 4–3 victory in the First Division play-off final.

Liverpool entered the competition in the second round, where they drawn against First Division team Burnley. The tie was played over two legs, with the first leg held at Liverpool's home ground Anfield. Goals from defender John Scales and striker Robbie Fowler secured a 2–0 victory for Liverpool. The second leg was held at Burnley's home ground Turf Moor, which Liverpool won 4–1 to progress to the third round courtesy of a 6–1 aggregate victory.

First Division team Stoke City were the opposition in the third round, with the match held at Anfield. Striker Ian Rush put Liverpool ahead in the fourth minute, but Stoke striker Paul Peschisolido equalised in the 40th minute. A further goal from Rush in the second half secured a 2–1 victory for Liverpool. Liverpool's opposition in the fourth round were fellow Premier League team Blackburn Rovers, at whose ground, Ewood Park, the match was held at. Three goals from Rush gave Liverpool a 3–1 victory and progression to the quarter-finals.

Fellow Premier League team Arsenal were the opposition in the quarter-finals. A goal from Rush in the 59th minute secured a 1–0 victory. Liverpool's opponents in the semi-finals, which were held over two legs, was First Division team Crystal Palace. The first leg, held at Anfield, was goalless until the 90th minute when striker Fowler scored. The second leg was held at Palace's home ground, Selhurst Park. A goal from Fowler in the 27th minute secured victory and a 2–0 aggregate win meant Liverpool progressed to the final.

Bolton entered the competition in the second round, where they faced Premier League team Ipswich Town. The first leg, held at Ipswich's home ground Portman Road, was won 3–0 by Bolton. Bolton won the second leg 1–0 at their home ground, Burnden Park, to progress to the third round courtesy of a 4–0 aggregate victory. Fellow First Division team Sheffield United were the opposition in the third round. The march held at United's home ground, Bramall Lane, was won 2–1 by Bolton.