Directors: James S Baker (Chairman), AH Oakley (Vice-Chairman), J Ireland, CH Hunter, JH Marshall, JT Howley (Secretary).
Manager: Stan Cullis
Trainers: Jack Dowen, Jack Gardiner, George Palmer
Captain: Billy Wright.

Playing Squad: Peter Adams, Allsop, Ron Atkinson, Edward Bagley, Alan Bagnall, Joseph Baillie, Ball, Ivan Bate, Terence Bates, John Bayliss, Cyril Beavon, James Benton, Frank Bolton, Joe Bonson, Colin Booth, Colin Bridgwater, Peter Broadbent, Leslie Brookes, Brown, R Burden David Cadman, Richard Calvert, Frederick Carrier, Castello, Brian Charlton, Eddie Clamp, Peter Clark, Clarke, Joseph Cooper, Corbeg, Ronald Corbett, Brian Cottam, Harold Cox, Saunders Cunningham, Daniel, Dennis Davies, Anthony Deakin, Norman Deeley, Demetriou, David Dudley, Noel Dwyer, John Edwards, Evans, Flanaghan, Frank, Ron Flowers, Derek Ford, Ernest Franks, French, Terry Greaves, Green, Maurice Groves, Guttridge, Derek Hall, Ian Hall, Halldearn, Johnny Hancocks, Widlr Harris, Harvey, Martin Harwood, John Hayward, Dennis Hickman, Higgin, Hill, Hobbis, Harry Hooper, Thomas Horsnett, Howell, Ron Howells, John Hughes, John Instone, Alan Jackson, Leslie Jacobs, Jackson, F Jones, Gwyn Jones, G Jones, Jordan, Keoghan, Maurice Kyle, Paul Lampitt, Lavery, Mickey Lill, Charlie Livesey, Lovery, Maine, Bobby Mason, May, Tommy McDonald, Gerald McParland, Harry Middleton, Jimmy Mullen, Jimmy Murray, Nash, Norton, Albert Ogden, James Ogden, Orton, Owen, Mervyn Parsonage, Derek Parton, Sidney Perry, John Phillips, Alan Pillinger, Roy Poole, Pugh, Rex Rainey, John Redding, Kenneth Reece, John Reynolds, Kenneth Rhodes, Brian Roberts, Stanley Round, Philip Rowe, Peter Russell, Edmund Ryan, Saxon, Bill Shorthouse, George Showell, Geoff Sidebottom, Nigel Sims, Slack, Ray Slater, Bill Slater Smethhurst, Les Smith, Lionel Stephenson, Barry Stobart, Eddie Stuart, Edward Swift, Roy Swinbourne, Doug Taylor, Colin Tether, John Thomas, John Thompson, Bobby Thomson, Frank Thurston, John Timmins, Walter Tomlinson, Geffrey Trickett, Trumper, John Turley, Upton, Gordon Vine, Keith Wade, Keith Wain, William Wainwright, Thomas Walmsley, I Walton, Anthony Ward, James Watton, Wensley, Trevor Westwood, Bernard While, White, Roy Wickers, Barry Widdowson, Bert Williams, Dennis Wilshaw, Worrall, Worton, Wotton, Laurence Wright, Billy Wright, Gordon Yates.

Club Finances: Profit of £10,563 was made and a five percent dividend was approved.

Director Changes: In June 1955 Vice Chairman Mr Arthur Oakley is elected as president of the Football League. He had been a member of the International Selectors Committee for several years. Also Mr James Evans resigns his position with the club during the summer and is replaced by Town Councillor John Ireland.