The major talking point of the season was Norman Low's departure and Freddie Steele's return, which came as a shock to the fans.
[1] The club felt they needed a marquee signing and so approached first Tom Finney and then European cup winning coach Béla Guttmann, who had just departed Benfica, both declined the role.
[1] The goal was scored by former Valiant turned bogey player Ronnie Allen for Crystal Palace in a 4–1 home win for Vale.
[1] Back in action in March, Steele found his offence wanting, and so purchased Tony Richards from Walsall for £9,000.
[1] Richards immediately impacted himself on the club's scoring charts, eventually finishing as top-scorer for his two months of work.
[1] For the four weeks following 20 April, Vale recorded eight wins from their final ten matches, though this would prove to be too little too late regarding promotion.
In the FA Cup, Vale took their revenge upon Bristol Rovers, dumping them out of the competition at the first stage with a 2–0 win at Burslem on 21 November.