President: Sir Charles Mander.

Directors: AH Oakley (Chairman), RH Archer, JS Baker, J Evans, Major AJ Holloway, B Matthews, C Tildesley, JT Howley (Assistant Secretary).
Secretary Manager: Major Frank Buckley.
Trainer: George Holley.
Captain: Stan Cullis.

Playing Staff: Jim Alderton, William Aston, Arthur Bainbridge, Billy Baxter, Richard Betts, Don Bilton, George Bainbridge, Leslie Barnes, Harold Barnett, Dennis Beesley, Harold Blackwell, Bolton, Stanley Booth, Henry Brown, Frank Buckley, Thomas Burden, Leslie Burgwin, Frank Burns, Stanley Burton, Raymond Carter, Sydney Cartwright, Cyril Cawdron, Charles Chaplin, Francis Christopher, Sid Clewlew, Collins, Joseph Cooper, Jamie Cringan, Crump ,Stan Cullis, Cureton, Fred Davenport, Donald, Dickie Dorsett, Arthur Dyke, Edwards, Ted Elliott, Elmer, Herbert Fewtrell, Lester Finch, Fletcher, Joseph Foster, Tom Galley, Joe Gardiner, Leonard Glasberg, Raymond Goddard, George Gosling, Arthur Green, Billy Green, Thomas Griffiths, Walter Griffiths, Arthur Hadley, John Hardisty, Harold Hargett, John Harris, Ronald Harrison, John Hegan, William Higgins, Percy Hilton, Reg Hipkin, Jimmy Hooks, Raymond Hope, Leonard Houghton, Illridge, Ronald James, Jennings, Sylvester Jowett, William Jukes, Richard Kelly, Bobby King, Reginald Kirkham, Reginald Lambley, Thomas Larkin, Arthur Lees, Joseph Lees, Lovelock, Teddy Maguire, Marsen, John Marshall, Thomas Martin, Gerry McAloon, George McCabe, Thomas McGuinness, Alexander McIntosh, Doug McMahon, Michael McNally, James Milne, John Morby, Kenneth Morgan, Bill Morris, Mousley, Jimmy Mullen, John Murray, Jack Musk, Jim Myers, Joseph Noon, Painter, John Park, David Parker, Frederick Pedley, Eric Pell, Sid Plunkett, Edward Pope, Poulson, Power, Edward Ransom, Frank Rawcliffe, Reed, Rideway, Eric Robinson, John Robinson, Walter Robinson, Joseph Rooney, Rooney, Peter Roughsedge, Round, Dennis Rowley, Rowley, Leonard Sagar, John Sanderson, Alex Scott, Cyril Sidlow, Barney Singleton, Billy Skidmore, Tom Smalley, Jeffrey Smart, Leonard Smart, Arthur Eric Smith, Jack Smith, Alf Somerfield, Terry Springthorpe, Stainsfield, Derek Stansfield, Alan Steen, Ernie Stevenson, Bazil Stones, Summerfield, Albert Tame, Frank Taylor, William Teasdale, Walter Thomas, Dennis Thornhill, William Tommy, Tonny, Frank Wade, Donald Walker, Henry Walters (I), Henry Walters (II), Thomas Wardle, Dennis Westcott, William Wheatley, Ray Wright, Billy Wright, Ronald Yates.

Club Finances: In July 1940 Wolves announced loses of £17,717. It’s the biggest deficit of any Football League club since the war began. It is said in recent years Wolves have made more money than another club and over the previous thirteen seasons have made £67,000 in profits.
August 1940 saw AH Oakley resign as club Chairman due to business commitments. He’s replaced by B Matthews.
At the clubs annual meeting is was announced by Mr AH Oakley that the club was to ‘close down’ for the duration of the war. Despite the loss the club still has surplus of £56,782 and assets of £70,000. The club have 84 young players under 17 from all over the county ready to call on when football resumed.
The club also loaned the government an interest free £5,000 from cash in hand.
At the end of the season at the clubs annual meeting the club announce losses of £4,846.

Note: Wolves will not compete in the 1940-41 season.

Midland League Table

Football League Table