| Preston North End | Liverpool | ||||
|---|---|---|---|---|---|
| GK | Harry Holdcroft | GK | Dirk Kemp | ||
| RB | Andy Beattie | RB | Jim Harley | ||
| LB | Harry Lowe | LB | Ben Dabbs | ||
| RH | Bill Shankly | RH | Ted Savage | ||
| CH | Tom Smith | CH | Fred Rogers | ||
| LH | Jimmy Milne | LH | Jimmy McDougall | ||
| OR | Jimmy Dougal | OR | Berry Nieuwenhuys | ||
| IR | Willie Fagan | IR | Harry Eastham | ||
| CF | Bud Maxwell | CF | Fred Howe | ||
| IL | Frank O'Donnell | IL | Jack Balmer | ||
| OL | Hugh O'Donnell | OL | Alf Hanson | ||
| Manager | Manager | ||||
| Board of Directors | George Kay | ||||