| First Team Overall | First Team Appearances & Scorers | Transfers | First Team Tables | Reserves |
| To Wolves | New Professionals | Away |
| Smith, AJ- Chelsea (Guest) 26/8 | Ball, SW- 15/8 | Isherwood, D- Released 1/8 |
| Dowen, JS- Hull City (Guest) 26/8 | Park, WB- 19/10 | Maguire, JE- Hibernian (Fee Unknown) 11/4 |
| Finch, LC- West Bromwich Albion (Guest) 26/8 | Parsons, DR- 9/11 | King, FAR- Manchester City (Guest) |
| Acquaroff, J- Norwich City (Guest) 2/9 | Turner, B- 22/11 | Mullen, J- Darlington (Guest) |
| Paterson, GL- Celtic (Guest) 23/9 | Walker, AR- 27/11 | Sidlow, C- Wrexham (Guest) |
| Wharton, G- Portsmouth (Guest) 30/9 | Hughes, ED- 4/1 | Skidmore, W- Notts County (Guest) |
| Kirkham, J- Bournemouth & BA (Guest) 11/11 | Willis, G- 9/1 | Somerfield, AG- Orient (Clapton) (Guest) |
| Jones, DO- Leicester City (Guest) 18/11 | Bennett, R- 9/1 | Somerfield, AG- Mansfield Town (Guest) |
| Scott, L- Arsenal (Guest) 6/1 | Baxter, W- 31/3 | Somerfield, AG- Queens Park Rangers (Guest) |
| Mitton, C- Manchester United (Guest) 13/1 | Cryle, G- 27/4 | |
| Jinks, J- Millwall (Guest) 20/1 | Stephens, AE- 27/4 | |
| Rowley, JF- Manchester United (Guest) 10/2 | Smith, LJ- 27/4 | |
| Lee, J- Wath Wanderers (Fee Unknown) 17/2 | Paxton, JW- 27/4 | |
| Iddon, H- Preston North End (Guest) 24/2 | ||
| Johnson, WH- Charlton Athletic (Guest) 10/3 | ||
| Fenton, M- Middlesbrough (Guest) 10/3 | ||
| Brown, R A J- Charlton Athletic (Guest) 31/3 | ||
| Heathcote, W- Queens Park Rangers (Guest) 7/4 |
