In
| Player | Team | Date | Fee |
|---|---|---|---|
| Harold Moffat | Luton Town | 1 May 1926 | £700 |
| Roland Woodhouse | Preston North End | 21 May 1926 | £650 |
| Art Dominy | Southampton | 25 May 1926 | Free |
| Arthur Davies | Flint Town United | 21 August 1926 | Free |
| Benjamin Howard Baker | Chelsea | 25 August 1926 | Amateur |
| Joe Kendrick | Shelbourne | 16 December 1926 | £500 (+£75 add-ons) |
| Ted Critchley | Stockport County | 22 December 1926 | £2,750 |
| Tom Griffiths | Wrexham | 22 December 1926 | £1,750 |
| James Paterson | Camelon Juniors | 31 January 1927 | £160 |
| Warney Cresswell | Sunderland | 3 February 1927 | £4,750 |
| Jerry Kelly | Ayr United | 10 February 1927 | £1,870 |
| Ted Taylor | Huddersfield Town | 11 February 1927 | £1,650 |
| Tommy White | Southport | 16 February 1927 | £1,000 |
| Dick Forshaw | Liverpool | 2 March 1927 | £3,750 |
| Bill Easton Bill Wilkinson | Blyth Spartans | 5 March 1927 | £400 |
| Tony Weldon | Airdrieonians | 9 March 1927 | £2,000 |
| William Dickie | Poole | 26 April 1927 | £100 (+£100 add-ons) |
| Total (initial fees only): | £22,030 | ||
- Arthur Davies (Flint Town United) – Originally on trial. No fee reported in minute books so likely free.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Bob Jones | Released | 2 May 1926 | |
| Frank Parry | Grimsby Town | 11 June 1926 | £200 |
| Neil McBain | St Johnstone | 23 June 1926 | £1,000 |
| Sam Chedgzoy | New Bedford Whalers | July 1926 | Free |
| Jack Rand | Watford | August 1926 | Free |
| Alfie Harland | Runcorn | 9 September 1926 | Free |
| Benjamin Howard Baker | Corinthians | October 1926 | Amateur |
| Walter Weaver | Wolverhampton Wanderers | 15 October 1926 | £750 |
| David "DJ" Murray | Bristol City | 20 October 1926 | £150 |
| Bert Batten | Bradford City | 4 November 1926 | £500 |
| Jasper Kerr | Preston North End | 9 March 1927 | £3,000 |
| Total (initial fees only): | £5,600 | ||
- Bob Jones (Released) – Eventually joined Southport in June 1926.
- Sam Chedgzoy (New Bedford Whalers) – Transfer completed around 10th July 1926.
- Jack Rand (Watford) – Transfer completed around 19th August 1926.
| Income | £5,600 |
| Expenditure | £22,030 |
| Net Spend | +£16,430 |