| To Wolves | New Professionals | Away |
| Burke, M- Middlesbrough (£150,000) 14/3 | Clarke, ML- 18/3 | Robertson, AP- Worcester City cs 1990 |
| Stowell, M- Everton (£275,000) 28/6 | Fennel, N- 2/7 | Kendall, M- Swansea City 1/7 |
| Hindmarch, RR- Derby County (£350,000) 21/6 | Butler, DJ- 3/7 | Jones, RS- Released 13/9 |
| Birch, PR- Aston Villa (£400,000) 1/2 | Bradbury, S- 12/7 | Lange, AS- Aldershot 23/11 |
| Ashley, KM- Birmingham City (£500,000) 13/9 | Davies, M- 12/7 | Bartram, VL- West Bromwich Albion 20/2 |
| Roberts, BLF- Birmingham City (Fee Unknown) 4/6 | de Bont, AC- 12/7 | Williams, LP- Released 8/3 |
| Smith, D- Birmingham City (Fee Unknown) 12/9 | Howard, JM- 12/7 | Jones, PA- Kettering Town 1/5 |
| Stancliffe, PI- Sheffield United (Free) 17/12 | Jones, RS- 12/7 | Butler, DJ- Released 31/5 |
| Doyle, M- Queens Park Rangers (Loan) 27/9 | Leeding, S- 12/7 | Evans, S- Released 31/5 |
| Stancliffe, PI- Sheffield United (Loan) 8/11 | Owen, JG- 12/7 | Fennell, N- Released 31/5 |
| Blake, MA- Aston Villa (Loan) 17/1 | Owen, S- 12/7 | Stobart, L- Released 31/5 |
| Todd, MK- Sheffield United (Loan) 14/3 | Warmer, GPR- 12/7 | Stancliffe, P- York City 1/7 |
| Dougherty, P- Unattached (Loan) 7/9 | Williams, LP- 12/7 | |
| Collier, DJ- 24/7 | ||
| Scandrett, RP- 20/12 |
