They were also the winners of the FA Cup, the only time they have done so to date, beating Bolton Wanderers 4–3 in the final. Although it subsequently became known as "The Matthews Final", Stan Mortensen, Blackpool's top scorer in all competitions that season, scored a hat-trick in the match. It remained the only such feat achieved in an FA Cup Final held at the original Wembley Stadium.
Stan Mortensen was the club's top scorer for the ninth consecutive season, with eighteen goals in all competitions. He shared the accolade in the league with Allan Brown. The two scored fifteen goals apiece.