Football League Second Division 1938/39
| Pos | Club | Pld | W | D | L | F | A | GA | Pts | Notes |
| 1st | Blackburn Rovers | 42 | 25 | 5 | 12 | 94 | 60 | 1.567 | 55 | ▲Champions |
| 2nd | Sheffield United | 42 | 20 | 14 | 8 | 69 | 41 | 1.683 | 54 | ▲Runners Up |
| 3rd | Sheffield Wednesday | 42 | 21 | 11 | 10 | 88 | 59 | 1.492 | 53 | - |
| 4th | Coventry City | 42 | 21 | 8 | 13 | 62 | 45 | 1.378 | 50 | - |
| 5th | Manchester City | 42 | 21 | 7 | 14 | 96 | 72 | 1.333 | 49 | - |
| 6th | Chesterfield | 42 | 20 | 9 | 13 | 69 | 52 | 1.327 | 49 | - |
| 7th | Luton Town | 42 | 22 | 5 | 15 | 82 | 66 | 1.242 | 49 | - |
| 8th | Tottenham Hotspur | 42 | 19 | 9 | 14 | 67 | 62 | 1.081 | 47 | - |
| 9th | Newcastle United | 42 | 18 | 10 | 14 | 61 | 48 | 1.271 | 46 | - |
| 10th | West Bromwich Albion | 42 | 18 | 9 | 15 | 89 | 72 | 1.236 | 45 | - |
| 11th | West Ham United | 42 | 17 | 10 | 15 | 70 | 52 | 1.346 | 44 | - |
| 12th | Fulham | 42 | 17 | 10 | 15 | 61 | 55 | 1.109 | 44 | - |
| 13th | Millwall | 42 | 14 | 14 | 14 | 64 | 53 | 1.208 | 42 | - |
| 14th | Burnley | 42 | 15 | 9 | 18 | 50 | 56 | 0.893 | 39 | - |
| 15th | Plymouth Argyle | 42 | 15 | 8 | 19 | 49 | 55 | 0.891 | 38 | - |
| 16th | Bury | 42 | 12 | 13 | 17 | 65 | 74 | 0.878 | 37 | - |
| 17th | Bradford Park Avenue | 42 | 12 | 11 | 19 | 61 | 82 | 0.744 | 35 | - |
| 18th | Southampton | 42 | 13 | 9 | 20 | 56 | 82 | 0.683 | 35 | - |
| 19th | Swansea Town | 42 | 11 | 12 | 15 | 50 | 83 | 0.602 | 34 | - |
| 20th | Nottingham Forest | 42 | 10 | 11 | 21 | 49 | 82 | 0.598 | 31 | - |
| 21st | Norwich City | 42 | 13 | 5 | 24 | 50 | 91 | 0.549 | 31 | ▼Relegated |
| 22nd | Tranmere Rovers | 42 | 6 | 5 | 31 | 39 | 99 | 0.394 | 17 | ▼Relegated |
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End of Season Notes |
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▼Birmingham were Relegated from the Football League First Division |
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▼Leicester City were Relegated from the Football League First Division |
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▲Blackburn Rovers were Promoted to the Football League First Division |
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▲Sheffield United were Promoted to the Football League First Division |
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▼Norwich City were Relegated to the Football League Third Division South |
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▼Tranmere Rovers were Relegated to the Football League Third Division North |
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▲Barnsley were Promoted from the Football League Third Division North |
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▲Newport County were Promoted from the Football League Third Division South |
