| 21-Aug-48 | Aldershot | Away | League | 1-1 | Neary | 9380 | |
| 26-Aug-48 | Millwall | Home | League | 2-2 | Taylor, Chapman | 22607 | |
| 28-Aug-48 | Brighton & Hove Albion | Home | League | 0-3 | | 16416 | |
| 30-Aug-48 | Millwall | Away | League | 0-0 | | 22397 | |
| 4-Sep-48 | Southend United | Away | League | 2-2 | Neary, Dryden | 13245 | |
| 9-Sep-48 | Swansea Town | Away | League | 1-3 | Johnson | 24140 | |
| 11-Sep-48 | Northampton Town | Home | League | 0-3 | | 12747 | |
| 16-Sep-48 | Swansea Town | Home | League | 3-1 | Connelly, Deverall, Neary | 9997 | |
| 18-Sep-48 | Norwich City | Away | League | 0-0 | | 24355 | |
| 25-Sep-48 | Exeter City | Home | League | 5-2 | Neary (2), Dryden (2), Naylor | 12977 | |
| 2-Oct-48 | Bristol City | Away | League | 0-3 | | 13414 | |
| 9-Oct-48 | Newport County | Home | League | 5-2 | Neary (2), Dryden (2), Naylor | 14692 | |
| 16-Oct-48 | Bristol Rovers | Away | League | 3-2 | Connelly, Naylor (2) | 14459 | |
| 23-Oct-48 | Bournemouth & Boscombe Athletic | Home | League | 1-2 | Neary (pen) | 18880 | |
| 30-Oct-48 | Watford | Away | League | 1-2 | Dryden | 13256 | |
| 6-Nov-48 | Notts County | Home | League | 3-1 | Neary (3) | 16123 | |
| 13-Nov-48 | Ipswich Town | Away | League | 2-2 | Neary, Dryden | 12434 | |
| 20-Nov-48 | Torquay United | Home | League | 3-1 | McGeachy, Dryden, Neary | 14426 | |
| 27-Nov-48 | Dartford | Away | FAC r1 | 3-2 | Connelly, Deverall, McGeachy | 11017 | |
| 4-Dec-48 | Crystal Palace | Home | League | 1-1 | Neary | 12336 | |
| 11-Dec-48 | Darlington | Away | FAC r2 | 0-1 | | 12736 | |
| 18-Dec-48 | Aldershot | Home | League | 1-2 | Neary | 9605 | |
| 25-Dec-48 | Port Vale | Away | League | 0-3 | | 9480 | |
| 27-Dec-48 | Port Vale | Home | League | 2-0 | Neary (2) | 8953 | |
| 1-Jan-49 | Brighton & Hove Albion | Away | League | 1-3 | Naylor | 11992 | |
| 15-Jan-49 | Southend United | Home | League | 2-0 | Naylor, McGeachy | 9377 | |
| 22-Jan-49 | Northampton Town | Away | League | 1-4 | Neary | 8661 | |
| 5-Feb-49 | Norwich City | Home | League | 0-3 | | 12389 | |
| 12-Feb-49 | Reading | Away | League | 0-3 | | 13405 | |
| 19-Feb-49 | Exeter City | Away | League | 1-3 | Connelly | 9375 | |
| 26-Feb-49 | Bristol City | Home | League | 3-1 | Connelly, Neary, Naylor | 8989 | |
| 5-Mar-49 | Newport County | Away | League | 2-3 | Pullen (2) | 6701 | |
| 12-Mar-49 | Bristol Rovers | Home | League | 1-1 | Neary (pen) | 10154 | |
| 19-Mar-49 | Bournemouth & Boscombe Athletic | Away | League | 0-3 | | 13716 | |
| 26-Mar-49 | Watford | Home | League | 1-0 | Connelly | 8479 | |
| 2-Apr-49 | Notts County | Away | League | 1-2 | Pullen | 29740 | |
| 9-Apr-49 | Ipswich Town | Home | League | 1-1 | Pullen | 9298 | |
| 15-Apr-49 | Swindon Town | Home | League | 1-1 | Neary | 12304 | |
| 16-Apr-49 | Torquay United | Away | League | 1-7 | Neary | 7722 | |
| 18-Apr-49 | Swindon Town | Away | League | 1-1 | Brinton | 14949 | |
| 23-Apr-49 | Walsall | Home | League | 1-1 | Naylor | 9412 | |
| 28-Apr-49 | Walsall | Away | League | 3-2 | Pullen, Neary (2) | 5146 | |
| 30-Apr-49 | Crystal Palace | Away | League | 1-2 | Neary (pen) | 7869 | |
| 7-May-49 | Reading | Home | League | 0-1 | | 11155 | |
