Football League Third Division South 1946/47
| Pos | Club | Pld | W | D | L | F | A | GA | Pts | Notes |
| 1st | Cardiff City | 42 | 30 | 6 | 6 | 93 | 30 | 3.100 | 66 | ▲Champions |
| 2nd | Queens Park Rangers | 42 | 23 | 11 | 8 | 74 | 40 | 1.850 | 57 | Runners Up |
| 3rd | Bristol City | 42 | 20 | 11 | 11 | 94 | 56 | 1.679 | 51 | - |
| 4th | Swindon Town | 42 | 19 | 11 | 12 | 84 | 73 | 1.151 | 49 | - |
| 5th | Walsall | 42 | 17 | 12 | 13 | 74 | 59 | 1.254 | 46 | - |
| 6th | Ipswich Town | 42 | 16 | 14 | 12 | 61 | 53 | 1.151 | 46 | - |
| 7th | Bournemouth & Boscambe Athletic | 42 | 18 | 8 | 16 | 72 | 54 | 1.333 | 44 | - |
| 8th | Southend United | 42 | 17 | 10 | 15 | 71 | 60 | 1.183 | 44 | - |
| 9th | Reading | 42 | 16 | 11 | 15 | 83 | 74 | 1.122 | 43 | - |
| 10th | Port Vale | 42 | 17 | 9 | 16 | 68 | 63 | 1.079 | 43 | - |
| 11th | Torquay United | 42 | 15 | 12 | 15 | 52 | 61 | 0.852 | 42 | - |
| 12th | Notts County | 42 | 15 | 10 | 17 | 63 | 63 | 1.000 | 40 | - |
| 13th | Northampton Town | 42 | 15 | 10 | 17 | 72 | 75 | 0.960 | 40 | - |
| 14th | Bristol Rovers | 42 | 16 | 8 | 18 | 59 | 69 | 0.855 | 40 | - |
| 15th | Exeter City | 42 | 15 | 9 | 18 | 60 | 69 | 0.870 | 39 | - |
| 16th | Watford | 42 | 17 | 5 | 20 | 61 | 76 | 0.803 | 39 | - |
| 17th | Brighton & Hove Albion | 42 | 13 | 12 | 17 | 54 | 72 | 0.750 | 38 | - |
| 18th | Crystal Palace | 42 | 13 | 11 | 18 | 49 | 62 | 0.790 | 37 | - |
| 19th | Leyton Orient | 42 | 12 | 8 | 22 | 54 | 75 | 0.720 | 32 | - |
| 20th | Aldershot | 42 | 10 | 12 | 20 | 48 | 78 | 0.615 | 32 | - |
| 21st | Norwich City | 42 | 10 | 8 | 24 | 64 | 100 | 0.640 | 28 | Re Elected |
| 22nd | Mansfield Town | 42 | 9 | 10 | 23 | 48 | 96 | 0.500 | 28 | Transferred |
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Election for League Membership |
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| Norwich City and Mansfield Town were re-elected to the League without a vote being taken and the other applicants were unsuccessful with Mansfield Town then being transferred to Division 3 (North). | ||
| Votes | Club | End Result |
| n/a | Mansfield Town | Re Elected to the League/Transferred |
| n/a | Norwich City | Re Elected to the League |
| n/a | Barry Town | Not Elected to the League |
| n/a | Bath City | Not Elected to the League |
| n/a | Chelmsford City | Not Elected to the League |
| n/a | Colchester United | Not Elected to the League |
| n/a | Gillingham | Not Elected to the League |
| n/a | Gravesend & Northfleet | Not Elected to the League |
| n/a | Guildford City | Not Elected to the League |
| n/a | LIanelly | Not Elected to the League |
| n/a | Merthyr Tydfil | Not Elected to the League |
| n/a | Peterborough United | Not Elected to the League |
| n/a | Worcester City | Not Elected to the League |
| n/a | Yeovil Town | Not Elected to the League |
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End of Season Notes |
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▼Swansea Town were Relegated from the Football League Second Division |
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▼Newport County were Relegated from the Football League Second Division |
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▲Cardiff City were Promoted to the Football League Second Division |
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- Norwich City were Re-Elected to the League |
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- Mansfield Town were Re-Elected to the League |
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- Mansfield Town Transferred to the Football League Third Division North |
