Wimbledon took the lead shortly before half-time, when Lawrie Sanchez's looping header, from a Dennis Wise free kick on the left, went across goalkeeper Bruce Grobbelaar and into the net.
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The Merseysiders were awarded a penalty on the hour mark following a foul by Clive Goodyear on John Aldridge, though replays showed that Goodyear won the ball cleanly, but Aldridge's penalty was saved by Beasant's diving save to his left, thus becoming the first keeper to save a penalty in a Wembley FA Cup final.
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After a spell in Cyprus with Anorthosis Famagusta, Swindlehurst returned to London to play for Wimbledon, but he managed just two appearances in the season they got to the 1988 FA Cup Final.