In
| Player | Team | Date | Fee |
|---|---|---|---|
| John Tomlinson | Stork | 8 May 1951 | Amateur |
| Ken Birch | Bebington Hawks | 22 August 1951 | Free |
| Total (initial fees only): | £0 | ||
- John Tomlinson (Stork) – Signed professional forms on 10th June 1952.
Out
| Player | Team | Date | Fee |
|---|---|---|---|
| Danny Cameron | Sligo Rovers | May 1951 | Undisclosed |
| Stan Bentham | Released | 1 July 1951 | |
| Jack Humphreys | Llandudno | 3 July 1951 | Undisclosed |
| George Burnett | Oldham Athletic | 6 October 1951 | £1,500 (+£500 add-ons) |
| Harry Catterick | Crewe Alexandra | 13 December 1951 | £2,000 (+£2,000 add-ons) |
| Oscar Hold | Queens Park Rangers | 23 February 1952 | Free |
| Total (initial fees only): | £3,500 | ||
- Stan Bentham (Released) – Eventually retired but remained on Everton's training staff.
- Harry Catterick (Crewe Alexandra) – Harry Catterick joined Crewe Alexandra as a player-manager.
| Income | £3,500 |
| Expenditure | £0 |
| Net Spend | -£3,500 |