In
| Player | Team | Date | Fee |
|---|---|---|---|
| Derek Mountfield | Tranmere Rovers | 21 May 1982 | £30,000 |
| Andy King | West Bromwich Albion | 26 July 1982 | Exchange |
| Kevin Sheedy | Liverpool | 27 July 1982 | £100,000 |
| David Johnson | Liverpool | 11 August 1982 | £100,000 |
| Glenn Keeley | Blackburn Rovers | 27 October 1982 | 1-month loan (extended to 2 months) [recalled] |
| Terry Curran | Sheffield United | 2 December 1982 | 1-month loan |
| Peter Reid | Bolton Wanderers | 17 December 1982 | £60,000 |
| Total (initial fees only): | £290,000 | ||
- Andy King (West Bromwich Albion) – Everton and West Bromwich Albion agreed an exchange deal where Everton received Andy King and West Bromwich Albion received Peter Eastoe. Peter Eastoe joined West Bromwich Albion two days after Andy King joined Everton because of a delayed medical.
- Kevin Sheedy (Liverpool) – Kevin Sheedy had agreed to join Everton from Liverpool at the end of May 1982 however the transfer was not completed until Everton were able to register him following a rigmarole between the two clubs about the fee for the player. A tribunal on 5th August 1982 ruled that Liverpool were to pay Everton £100,000.
- David Johnson (Liverpool) – Everton registered David Johnson as a player on 9th August 1982 however because of a medical, the transfer wasn't completed until two days later.
- Glenn Keeley (Blackburn Rovers) – Blackburn Rovers recalled Glenn Keeley in December 1982 after Everton allowed him to end his loan early.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Mick Lyons | Sheffield Wednesday | 24 June 1982 | £80,000 |
| Dean Kelly | Released | 1 July 1982 | |
| Joe McBride | Rotherham | 19 July 1982 | £50,000 |
| Martin Hodge | Oldham Athletic | 20 July 1982 | 3-month loan [recalled] |
| Peter Eastoe | West Bromwich Albion | 28 July 1982 | Exchange |
| Paul Lodge | Wigan Athletic | 20 August 1982 | 1-month loan |
| Alan Biley | Portsmouth | 24 August 1982 | £125,000 |
| Steve Evans | Released | October 1982 | |
| Mike Walsh | Norwich City | 1 October 1982 | 1-month loan |
| Trevor Ross | Portsmouth | 21 October 1982 | 1-month loan |
| Mick Ferguson | Birmingham City | 1 November 1982 | 1-month loan (extended to end of the season) |
| Alan Ainscow | Barnsley | 25 November 1982 | 1-month loan |
| Trevor Ross | Sheffield United | 2 December 1982 | 1-month loan |
| Mike Walsh | Burnley | 21 December 1982 | 1-month loan [recalled] |
| Neville Southall | Port Vale | 30 December 1982 | 1-month loan [recalled] |
| Paul Lodge | Rotherham United | 10 January 1983 | 1-month loan |
| Martin Hodge | Gillingham | 12 January 1983 | 1-month loan |
| Neville Southall | Port Vale | 26 January 1983 | 1-month loan |
| Mark Leonard | Tranmere Rovers | 10 February 1983 | 1-month loan |
| Paul Lodge | Preston North End | 15 February 1983 | Free |
| Martin Hodge | Preston North End | 27 February 1983 | 1-month loan |
| Mark Kearney | Mansfield Town | 17 March 1983 | 1-month loan (extended to end of the season) |
| Brian Borrows | Bolton Wanderers | 24 March 1983 | £10,000 |
| Mark Leonard | Tranmere Rovers | 24 March 1983 | Loan to end of the season |
| Mark Kearney | Mansfield Town | 11 April 1983 | Undisclosed |
| Total (initial fees only): | £265,000 | ||
- Martin Hodge (Oldham Athletic) – Everton recalled Martin Hodge in September 1982 after he suffered a virus infection.
- Peter Eastoe (West Bromwich Albion) – Everton and West Bromwich Albion agreed an exchange deal where Everton received Andy King and West Bromwich Albion received Peter Eastoe. Peter Eastoe joined West Bromwich Albion two days after Andy King joined Everton because of a delayed medical.
- Mike Walsh (Burnley) – Burnley sent Mike Walsh back to Everton in January 1983 after he refused to play in Burnley's FA Cup match against Carlisle United.
- Neville Southall (Port Vale) – Everton temporarily recalled Neville Southall so that he can play for the Blues in a 6-a-side tournament in Solihull due to other goalkeepers being unavailable. He was allowed to rejoin and re-register with Port Vale two days later.
| Income | £265,000 |
| Expenditure | £290,000 |
| Net Spend | +£25,000 |