Nicholl had great success as manager of Raith Rovers, winning the 1994–95 Scottish League Cup and the 1994–95 Scottish First Division championship. Due to their League Cup triumph, Raith qualified for the 1995–96 UEFA Cup and reached the second round, where they were eliminated by eventual winners Bayern Munich.[5] Having lost the first leg to Bayern 2–0 at Easter Road,[6] Raith took a 1–0 lead at the Olympiastadion thanks to a goal by Danny Lennon.[5] Bayern recovered to win 2–1 on the night and 4–1 on aggregate.[5]