Adam Haywood joined as a player-coach, playing in a forward role, mainly as an inside right.
Charles McGibbon, a centre forward, came from New Brompton and Bill Lawrence returned for a second spell at the club.
Jimmy Bauchop not only finished the season top-scorer, he also started it off by becoming the first player to be sent off in a Palace shirt, on 9 September 1908 in a London Challenge Cup tie against Croydon Common.
Collins eventually put Palace ahead but they failed to hold onto the lead and a resurgent Wolves equalised with 8 minutes to play.
Instead of passing the ball up field, he simply weaved his way through all the players and dribbled it right up to the Wolves' goal, putting in an unstoppable shot.