The 1963–64 season was Port Vale's 52nd season of football in the English Football League, and their fifth season in the Third Division. Freddie Steele spent big on transfers, bringing in players such as Billy Bingham, Albert Cheesebrough, and Jackie Mudie. However it was a disappointing season in the league and a disaster financially. The highlights of the season came in the FA Cup, where Vale beat top-flight Birmingham City at St Andrew's, and drew 0–0 with Liverpool at Anfield.