Lyric discussion by thelostlibertine 

Cover art for '74-'75 lyrics by Connells, The

I think this song is about trying to reignite an old love when the people have both moved on 'Givin' me more and I'll defy (i.e. try harder to love the me that was there before and I'll let you down) 'cos you're really only after 74/75 (the year that the love began - could well be a school romance)