The 1956–57 season was Port Vale's 45th season of football in the Football League, and their third successive season (thirty-second overall) in the Second Division. An unmitigated disaster from start to finish, they were relegated in bottom place with just 22 points from 42 games. It was the end of an era, as the reputation of 'the Steele Curtain' had taken a severe blow, and its architect Freddie Steele left the club in January. The season was considered to be one where the old guard 'cracked', and thus many loyal servants of the club were let go in the summer of 1957, including Ray King, Reg Potts, Stan Turner, Tommy Cheadle, and Stan Smith.

Three still-standing but unwanted club-records were set this season: a record 28 defeats in 42 matches, and a 22 game streak without a clean sheet (22 September 1956 to 23 February 1957), and a losing streak of nine straight games (9 March 1957 to 20 April 1957).

The pre-season saw the arrival of Harry Anders, a winger from Manchester City signed for 'a substantial fee'.

The season started with Anders and Baily up front, a combination which failed during a goalless draw with Barnsley. Two losses followed in which eight goals were conceded. Harry Poole replaced Albert Leake in what was 'one of the few rays of sunlight in an otherwise gloomy beginning'. Vale then 'clicked into gear', picking up seven points out of a possible ten in September. This included a 4–2 win at Ewood Park, their last away win of the campaign. Injuries then ravaged the squad as Vale went on a sequence of eight straight defeats to take them from fourteenth to second from bottom. These included losses at the City Ground, Victoria Ground (in the first ever floodlit game in the Potteries), and Anfield. In October, Baily was sold to Nottingham Forest for £7,000 – exactly what Vale had paid for him earlier in the year. Baily had failed to fit in with the team, and was seen as too individualist. The next month Steele bought experienced forward Billy Spurdle from Manchester City for £4,000. He scored on his debut in a 3–2 win over Bury, and two weeks later he scored a brace in a 4–2 win over Doncaster Rovers. This temporarily took them away from relegation worries before a streak of seven games without victory.

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