[1] They finished fifth with 47 points, making it the most successful season in the club's history in terms of league position.

The pre-season saw the arrival of goalscoring forward Harry Roberts from Lincoln City; big goalkeeper Arthur Slater from Clapton Orient; and young outside-left Clarence Spencer from Birmingham F.C.

[1] On 20 September they travelled to Goodison Park to triumph over previously undefeated league leaders Everton 3–2 in front of 27,142 spectators.

[1][2] On 4 October they travelled to Home Park, where they lost 2–1 to Plymouth Argyle; later in the day a horrific tragedy almost killed many of the Vale players – they had hired a speedboat at Devon resort which burst into flames whilst at sea, fortunately the pilot managed to extinguish the flames and returned them safely to harbour.

[1] In December, reserve half-back George Whitcombe was sold to Notts County for 'a substantial amount', the money went towards ground improvements.

[1] In early April, the "Valiants" beat high-flying West Bromwich Albion and Tottenham Hotspur, thereby keeping hopes of promotion high.

[1] In late April, Vale travelled to the Netherlands for a short tour, beating Dutch Southern XI 5–1 and Zwaluwen 2–0.