Football League Second Division 1931/32
| Pos | Club | Pld | W | D | L | F | A | GA | Pts | Notes |
| 1st | Wolverhampton Wanderers | 42 | 24 | 8 | 10 | 115 | 49 | 2.347 | 56 | ▲Champions |
| 2nd | Leeds United | 42 | 22 | 10 | 10 | 78 | 54 | 1.444 | 54 | ▲Runners Up |
| 3rd | Stoke City | 42 | 19 | 14 | 9 | 69 | 48 | 1.438 | 52 | - |
| 4th | Plymouth Argyle | 42 | 20 | 9 | 13 | 100 | 66 | 1.515 | 49 | - |
| 5th | Bury | 42 | 21 | 7 | 14 | 70 | 58 | 1.207 | 49 | - |
| 6th | Bradford Park Avenue | 42 | 21 | 7 | 14 | 72 | 63 | 1.143 | 49 | - |
| 7th | Bradford City | 42 | 16 | 13 | 13 | 80 | 61 | 1.311 | 45 | - |
| 8th | Tottenham Hotspur | 42 | 16 | 11 | 15 | 87 | 78 | 1.115 | 43 | - |
| 9th | Millwall | 42 | 17 | 9 | 16 | 61 | 61 | 1.000 | 43 | - |
| 10th | Charlton Athletic | 42 | 17 | 9 | 16 | 61 | 66 | 0.924 | 43 | - |
| 11th | Nottingham Forest | 42 | 16 | 10 | 16 | 77 | 72 | 1.069 | 42 | - |
| 12th |  Manchester
United |
42 | 17 | 8 | 17 | 71 | 72 | 0.986 | 42 | - |
| 13th | Preston North End | 42 | 16 | 10 | 16 | 75 | 77 | 0.974 | 42 | - |
| 14th | Southampton | 42 | 17 | 7 | 18 | 66 | 77 | 0.857 | 41 | - |
| 15th | Swansea Town | 42 | 16 | 7 | 19 | 73 | 75 | 0.973 | 38 | - |
| 16th | Notts County | 42 | 13 | 12 | 17 | 75 | 75 | 1.000 | 38 | - |
| 17th | Chesterfield | 42 | 13 | 11 | 18 | 64 | 86 | 0.744 | 37 | - |
| 18th | Oldham Athletic | 42 | 13 | 10 | 19 | 62 | 84 | 0.738 | 36 | - |
| 19th | Burnley | 42 | 13 | 9 | 20 | 59 | 87 | 0.678 | 35 | - |
| 20th | Port Vale | 42 | 13 | 7 | 22 | 58 | 89 | 0.652 | 33 | - |
| 21st | Barnsley | 42 | 12 | 9 | 21 | 55 | 91 | 0.604 | 33 | ▼Relegated |
| 22nd | Bristol City | 42 | 6 | 11 | 25 | 39 | 78 | 0.500 | 23 | ▼Relegated |
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End of Season Notes |
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▼Grimsby Town were Relegated from the Football League First Division |
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▼West Ham United were Relegated from the Football League First Division |
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▲Wolverhampton Wanderers were Promoted to the Football League First Division |
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▲Leeds United were Promoted to the Football League First Division |
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▼Barnsley were Relegated to the Football League Third Division North |
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▼Bristol City were Relegated to the Football League Third Division South |
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▲Lincoln City were Promoted from the Football League Third Division North |
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▲Fulham were Promoted from the Football League Third Division South |