In
| Player | Team | Date | Fee |
|---|---|---|---|
| Bob Lambert | Docks Red Triangle | Summer 1933 | Amateur |
| Norman Higham | Chorley | 17 November 1933 | £400 |
| Frank King | Blyth Spartans | 23 November 1933 | Amateur |
| Alex Stevenson | Rangers | 31 January 1934 | £2,750 |
| Jackie Coulter | Belfast Celtic | 10 February 1934 | £2,750 |
| Stan Bentham Terry Kavanagh | Wigan Athletic | 12 February 1934 | £900 |
| Fred White | Wolverhampton Amateurs | March 1934 | Amateur |
| Total (initial fees only): | £6,800 | ||
- Bob Lambert (Docks Red Triangle) – Signed professional forms in May 1935.
- Frank King (Blyth Spartans) – Signed professional forms in March 1934.
- Fred White (Wolverhampton Amateurs) – Signed professional forms on 4th May 1935.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Philip Griffiths | West Bromwich Albion | 5 May 1933 | £500 |
| Jack Fryer | Wrexham | 18 May 1933 | Free |
| Sydney Chedgzoy | Burnley | 18 May 1933 | Free |
| Joe McClure | Brentford | 8 June 1933 | £250 |
| Lachlan McPherson | New Brighton | 23 August 1933 | Undisclosed |
| Leo Stevens | Southend United | 1 November 1933 | £270 |
| Ted Common | Preston North End | 9 November 1933 | £750 |
| Tommy "Tosh" Johnson | Liverpool | 2 March 1934 | £650 |
| Total (initial fees only): | £2,420 | ||
| Income | £2,420 |
| Expenditure | £6,800 |
| Net Spend | +£4,380 |