Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1948 |  | Gilbert Braun | GK | |||
| 07/1948 | | Jean Kasmierczak | DF | |||
| 07/1948 | | René Pleimelding | DF | |||
| 07/1948 |  | Arne Sørensen | DF |  | Stade Français | Stade Français |
| 07/1948 | | Helge Bronée | MF |  | Odense BK | Odense |
| 07/1948 | | Joseph Kuta | MF |  | Stade de Reims | Stade Reims |
| 07/1948 |  | Aleksandrs Vanags | MF |  | Havre AC | HAC |
| 07/1948 | | André Voisembert | MF |  | Red Star FC | Red Star |
| 07/1948 | | Mercier Crépin | FW | |||
| 07/1948 | | Robert Perret | FW | |||
| 07/1948 | | Maurice Salette | FW |  | Olympique Alès | Olympique Ales |
| 07/1948 | | Pierre Brembilla | MA |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 12/1948 | | Maurice Salette | FW |  | FC Rouen 1899 | FC Rouen 1899 |
| 07/1948 | | René Peynaud | DF |  | Angers SCO | Angers |
| 07/1948 |  | Albert Guðmundsson | FW |  | AC Milan | AC Milan |
| 07/1948 |  | Joseph Rich | FW |  | SC Toulon | SC Toulon |
| 07/1948 | | Georges Sesia | FW | | Stade Français | Stade Français |