In
| Player | Team | Date | Fee |
|---|---|---|---|
| Willie Miller | Partick Thistle | 6 June 1935 | £4,475 |
| Alan Hughes | Derby County | 27 June 1935 | £550 |
| Billy Hartill | Wolverhampton Wanderers | 1 July 1935 | £3,250 |
| Eddie Tunney | St Malachy's | October 1935 | Amateur |
| Edgar Walkden | Maghull | October 1935 | Amateur |
| Torry Gillick | Rangers | 9 December 1935 | £6,500 |
| Edward Joyce | Ashington | 2 January 1936 | £200 (+£50 add-ons) |
| Joseph Holmes | Stanley United | 18 January 1936 | Free |
| Maurice Lindley | Barnoldswick Town | 29 February 1936 | Free |
| TG Jones | Wrexham | 11 March 1936 | £1,400 |
| Bunny Bell | Tranmere Rovers | 13 March 1936 | Exchange + £1,200 |
| John Cuff | North Shields | April 1936 | Free |
| Total (initial fees only): | £17,575 | ||
- Eddie Tunney (St Malachy's) – Signed professional forms in April 1936.
- Edgar Walkden (Maghull) – Signed professional forms in April 1936.
- Maurice Lindley (Barnoldswick Town) – Originally on trial.
- Bunny Bell (Tranmere Rovers) – Everton and Tranmere Rovers agreed an exchange deal where Everton received Bunny Bell and Tranmere Rovers received Archie Clark and £1,200.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Norman Higham | Middlesbrough | 4 May 1935 | Free |
| Billy Coggins | Released | 5 May 1935 | |
| Harry Griffiths | Port Vale | 8 May 1935 | £100 |
| Jimmy Dunn | Exeter City | 16 May 1935 | £350 |
| Billy Hartill | Liverpool | 9 January 1936 | £2,000 |
| Archie Clark | Tranmere Rovers | 13 March 1936 | Exchange |
| Total (initial fees only): | £2,450 | ||
- Billy Coggins (Released) – Eventually joined QPR in October 1935.
- Archie Clark (Tranmere Rovers) – Everton and Tranmere Rovers agreed an exchange deal where Everton received Bunny Bell and Tranmere Rovers received Archie Clark and £1,200.
| Income | £2,450 |
| Expenditure | £17,575 |
| Net Spend | +£15,125 |