In
| Player | Team | Date | Fee |
|---|---|---|---|
| Eddie Thomas | Haydock C & B | May 1950 | Amateur |
| John Sutherland | Evergreen | 12 May 1950 | £25 |
| William Hamilton | Bellshill Athletic | 15 May 1950 | £500 |
| George Kirby | Longview Rovers | 3 August 1950 | Amateur |
| Harry Potts | Burnley | 16 October 1950 | £20,000 |
| George Cummins | St Patrick's Athletic | 10 November 1950 | £25 |
| Ken Furphy | Evenwood Town | 23 November 1950 | £50 |
| Norman Kearsley | Runcorn | 15 February 1951 | £250 (+£750 add-ons) |
| Jack Lindsay | Rangers | 15 March 1951 | £9,500 |
| Total (initial fees only): | £30,350 | ||
- Eddie Thomas (Haydock C & B) – Signed professional forms on 29th September 1951.
- George Kirby (Longview Rovers) – Signed professional forms on 14th May 1952.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| TS Jones | Released | 7 May 1950 | |
| Billy Higgins | Millonarios | 12 May 1950 | |
| TG Jones | Pwllheli | June 1950 | Free |
| Alex Stevenson | Bootle Athletic | 13 July 1950 | Free |
| Norman Greenhalgh | Bangor City | July 1950 | Free |
| Jack Hedley | Sunderland | 3 August 1950 | £10,375 |
| Peter Corr | Bangor City | 4 August 1950 | Free |
| Aubrey Powell | Birmingham City | 14 August 1950 | £7,500 |
| Jimmy Jones | New Brighton | 16 August 1950 | Free (+£750 add-ons) |
| Billy Higgins | Bangor City | 1 December 1950 | Free |
| Total (initial fees only): | £17,875 | ||
- TS Jones (Released) – Eventually joined Dover FC around June 1950.
- Billy Higgins (Millonarios) – Billy Higgins left Britain for Colombia after being offered a lucrative deal with Millionarios. However, he was still under contract at Everton and the club didn't give him permission to move to Colombia.
- TG Jones (Pwllheli) – Transfer completed around 2nd June 1950.
- Alex Stevenson (Bootle Athletic) – Alex Stevenson joined Bootle as a player-manager.
- Norman Greenhalgh (Bangor City) – Transfer completed around 24th July 1950.
| Income | £17,875 |
| Expenditure | £30,350 |
| Net Spend | +£12,475 |