In
| Player | Team | Date | Fee |
|---|---|---|---|
| Willie Davidson | Middlesbrough | 3 June 1911 | £420 |
| Andy Burton | Bristol City | 25 July 1911 | £100 |
| Rev. Willie Jordan | West Bromwich Albion | August 1911 | Amateur |
| Walter Holbem | The Wednesday | 1 September 1911 | £500 |
| William Bromilow | Lingdale | 3 October 1911 | Free |
| Frank Bradshaw | Northampton Town | 10 November 1911 | £800 |
| Tommy Browell | Hull City | 30 December 1911 | £1,550 |
| Harold Uren | Liverpool | 27 February 1912 | Exchange |
| Andy Browell Joe Smith | Hull City | 14 March 1912 | £1,650 |
| James Caldwell | Reading | 19 April 1912 | £500 |
| William Hodge | Kilwinning Rangers | April 1912 | Free |
| Total (initial fees only): | £5,520 | ||
- Rev. Willie Jordan (West Bromwich Albion) – Transfer completed around 22nd August 1911.
- Harold Uren (Liverpool) – Everton and Liverpool agreed an exchange deal where Everton received Harold Uren and £300 and Liverpool received Tommy Gracie and Billy Lacey.
- William Hodge (Kilwinning Rangers) – Transfer completed around 19th April 1912.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Llewelyn Davies | Released | 1 May 1911 | |
| John Borthwick | Millwall Athletic | 3 June 1911 | £250 |
| Sandy Young | Tottenham Hotspur | 8 June 1911 | £500 |
| Daniel Rafferty | Airdrieonians | June 1911 | £75 |
| Walter Scott | Sunderland | 9 July 1911 | £750 |
| Bob Turner | Preston North End | 15 July 1911 | £300 |
| David Thomson | Kilmarnock | August 1911 | Free |
| Bob Clifford | Fulham | 27 October 1911 | £150 |
| Robert Young | Wolverhampton Wanderers | 11 November 1911 | £800 |
| John Bardsley | Manchester City | November 1911 | Amateur |
| Teddy Magner | St Mirren | 22 January 1912 | £200 |
| Tommy Gracie Billy Lacey | Liverpool | 28 February 1912 | Exchange + £300 |
| Total (initial fees only): | £3,325 | ||
- Llewelyn Davies (Released) – Eventually joined St Helens Town in September 1911.
- Daniel Rafferty (Airdrieonians) – Transfer completed around 20th June 1911.
- David Thomson (Kilmarnock) – Transfer completed around 21st August 1911.
- John Bardsley (Manchester City) – Transfer completed around 18th November 1911.
- Tommy Gracie and Billy Lacey (Liverpool) – Everton and Liverpool agreed an exchange deal where Everton received Harold Uren and £300 and Liverpool received Tommy Gracie and Billy Lacey. Tommy Gracie completed his move to Liverpool on 23rd February 1912 however for database purposes, the date is when the double transfer was completed.
| Income | £3,325 |
| Expenditure | £5,520 |
| Net Spend | +£2,195 |