| Liverpool | Preston North End | ||||
|---|---|---|---|---|---|
| GK | Arthur Riley | GK | Harry Holdcroft | ||
| RB | Jim Harley | RB | Frank Gallimore | ||
| LB | Barney Ramsden | LB | Andy Beattie | ||
| RH | Phil Taylor | RH | Bill Shankly | ||
| CH | Tom Bush | CH | Tom Smith | ||
| LH | John Browning | LH | Jimmy Milne | ||
| OR | Berry Nieuwenhuys | OR | Dickie Watmough | ||
| IR | Jack Balmer | IR | George Mutch | ||
| CF | Fred Howe | CF | Jimmy Dougal | ||
| IL | Willie Fagan | IL | Bud Maxwell | ||
| OL | Alf Hanson | OL | Hugh O'Donnell | ||
| Manager | Manager | ||||
| George Kay | Board of Directors | ||||