| First Team Overall | First Team Appearances & Scorers | Transfers | Reserves | Youth |
| To Wolves | New Professionals | Away |
| Belcher, H- Witton Albion 9/5 | Akers, W- 7/5 | Fawkes, J- Bristol City 1/5 |
| Chadwick, F- British Dyes 16/5 | O’Mahoney, M- 17/5 | Hanson, F- Crystal Palace 1/5 |
| Miller, J- Rotherham United (Substantial) 17/5 | Miller, J- 18/5 | Burgin, M- Bournemouth & BA 1/5 |
| O’Mahoney, M- Southport (£1,000) 17/5 | McDermott, P- 31/7 | Belcher, H- Norwich City 7/5 |
| Gibson, J- Shildon Colliery FC 11/6 | Parkinson, R- 12/9 | Lowton, WG- Exeter City 8/5 |
| Flaherty, J- Rossendale United 28/6 | Thacker, H- 21/10 | Crook, MS- Luton Town 15/5 |
| Curnow, JL- Whitby United 1/10 | Hayes, A- 10/12 | Nelson, JH- Luton Town 15/5 |
| Lucas, WH- Treharris 22/10 | Snape, E- 1/1 | Morgan, R- Bournemouth & BA 1/6 |
| Maguire, JE- Willington 8/11 | Pendergast, W- 10/1 | Hartill, WJ- Everton (£5,000) 4/7 |
| Ashall, GH- Frickley Colliery FC 6/12 | Davies, G- 4/2 | Adkins, CR- Bournemouth & BA 30/8 |
| Mordue, G- Washington Colliery FC 6/1 | Keeley, A- 6/3 | Akers, W- Bournemouth & BA 30/8 |
| Scott, RA- Burnley 10/2 | Miller, J- West Ham United 16/9 | |
| Kirkham, J- Ellesmere Port 20/2 | Dowen, JS- West Ham United 11/10 | |
| Whittam, EA- Mansfield Town 21/2 | Rhodes, R- Sheffield Wed (£4,000) 15/10 | |
| Graham, FT- Cheddleton Mental Hospital 7/3 | Johnson, C- Port Vale 31/10 | |
| Barraclough, W- Chelsea 1/11 | ||
| Burns, R- Port Vale 8/11 | ||
| Phillips, C- Aston Villa (£9,000) 10/1 | ||
| Astill, LV- Blackburn Rovers 11/1 | ||
| Gibson, J- Contract Cancelled 14/2 | ||
| Flaherty, J- Bournemouth & BA 9/3 | ||
| O’Mahoney, M- Newport County 16/3 |
