| Date | Opponent | Score | Att. | ||||
|---|---|---|---|---|---|---|---|
| 21 August 1954 | Home | Shrewsbury Town | League | 4–1 | W | 14000 | → |
| 24 August 1954 | Home | Q P R | League | 2–2 | D | 10500 | → |
| 28 August 1954 | Away | Aldershot | League | 0–1 | L | 7019 | → |
| 30 August 1954 | Away | Q P R | League | 1–1 | D | 10904 | → |
| 4 September 1954 | Home | Swindon Town | League | 4–1 | W | 10500 | → |
| 7 September 1954 | Home | Newport County | League | 1–1 | D | 12000 | → |
| 11 September 1954 | Away | Crystal Palace | League | 2–2 | D | 11418 | → |
| 16 September 1954 | Away | Newport County | League | 2–3 | L | 8050 | → |
| 18 September 1954 | Home | Northampton Town | League | 4–1 | W | 10519 | → |
| 21 September 1954 | Home | Exeter City | League | 0–0 | D | 12000 | → |
| 25 September 1954 | Away | Watford | League | 1–1 | D | 13724 | → |
| 29 September 1954 | Away | Exeter City | League | 1–2 | L | 7142 | → |
| 2 October 1954 | Home | Bournemouth + BA | League | 2–2 | D | 12500 | → |
| 9 October 1954 | Home | Bristol City | League | 3–2 | W | 18000 | → |
| 16 October 1954 | Away | Torquay United | League | 1–4 | L | 7500 | → |
| 23 October 1954 | Home | Brighton + H.A. | League | 4–0 | W | 11500 | → |
| 30 October 1954 | Away | Reading | League | 1–1 | D | 9948 | → |
| 6 November 1954 | Home | Coventry City | League | 1–0 | W | 11000 | → |
| 13 November 1954 | Away | Southampton | League | 0–3 | L | 15965 | → |
| 20 November 1954 | Away | Bristol City | FA Cup | 2–1 | W | 20594 | → |
| 27 November 1954 | Away | Leyton Orient | League | 1–5 | L | 16061 | → |
| 4 December 1954 | Home | Gillingham | League | 3–1 | W | 7500 | → |
| 11 December 1954 | Away | Bradford PA | FA Cup | 3–2 | W | 12094 | → |
| 18 December 1954 | Away | Shrewsbury Town | League | 3–2 | W | 8000 | → |
| 25 December 1954 | Home | Norwich City | League | 4–1 | W | 12000 | → |
| 27 December 1954 | Away | Norwich City | League | 3–3 | D | 21963 | → |
| 1 January 1955 | Home | Aldershot | League | 0–1 | L | 7500 | → |
| 8 January 1955 | Away | Everton | FA Cup | 1–3 | L | 53043 | → |
| 22 January 1955 | Home | Crystal Palace | League | 3–2 | W | 5000 | → |
| 29 January 1955 | Home | Walsall | League | 2–1 | W | 8000 | → |
| 5 February 1955 | Away | Northampton Town | League | 2–6 | L | 7709 | → |
| 12 February 1955 | Home | Watford | League | 1–3 | L | 6188 | → |
| 19 February 1955 | Away | Bournemouth + BA | League | 1–2 | L | 7086 | → |
| 26 February 1955 | Away | Bristol City | League | 2–3 | L | 20616 | → |
| 5 March 1955 | Home | Torquay United | League | 1–2 | L | 4000 | → |
| 12 March 1955 | Away | Brighton + H.A. | League | 1–2 | L | 9585 | → |
| 19 March 1955 | Home | Reading | League | 0–0 | D | 7000 | → |
| 2 April 1955 | Home | Southampton | League | 0–1 | L | 10000 | → |
| 8 April 1955 | Away | Colchester United | League | 0–2 | L | 10809 | → |
| 9 April 1955 | Away | Millwall | League | 4–1 | W | 11399 | → |
| 11 April 1955 | Home | Colchester United | League | 4–2 | W | 8478 | → |
| 16 April 1955 | Home | Leyton Orient | League | 1–2 | L | 9013 | → |
| 19 April 1955 | Home | Portsmouth | Friendly | 2–2 | D | 0 | → |
| 20 April 1955 | Away | Swindon Town | League | 1–0 | W | 4230 | → |
| 23 April 1955 | Away | Gillingham | League | 1–1 | D | 9830 | → |
| 26 April 1955 | Home | Millwall | League | 1–0 | W | 6000 | → |
| 30 April 1955 | Home | Brentford | League | 3–2 | W | 8000 | → |
| 2 May 1955 | Away | Walsall | League | 1–4 | L | 12856 | → |
| 4 May 1955 | Away | Coventry City | League | 4–1 | W | 7303 | → |
| 5 May 1955 | Away | Brentford | League | 2–2 | D | 7000 | → |
| 11 May 1955 | Away | Hamrun Spartans | Tour | 1–0 | W | 0 | → |
| 14 May 1955 | Away | Sliema Wanderers | Tour | 2–1 | W | 0 | → |
| 15 May 1955 | Away | Floriana | Tour | 2–1 | W | 0 | → |
| 17 May 1955 | Away | Catania | Tour | 2–3 | L | 0 | → |