During the 1938-39 season Bologna Associazione Giuoco del Calcio competed in Serie A, Coppa Italia and Mitropa Cup.

The club won its 5th league championship ever,[1] winning the race against Torino.

Weisz was replaced by German manager Felsner on round 6[2] The squad, after a 4-0 score against Napoli[3][4][5] on 21 May 1939, clinched the title.

[6] With the trophy of Italian champions, the club reached a decent place in 1939 Mitropa Cup semifinals defeated by Ferencváros.

[7] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.