The 1994–95 season was Port Vale's 83rd season of football in the Football League, and first ever season in the First Division following their promotion from the Second Division. John Rudge led his team to safety in the league, whilst reaching the Second Round of the FA Cup and League Cup. In the FA Cup they recorded a 6–0 victory over Hartlepool United, before suffering a shock defeat at Scarborough. Back in the same league as rivals Stoke City, they earned the season's bragging rights with a 1–1 draw at Vale Park and a 1–0 win at the Victoria Ground. Martin Foyle was the Player of the Year, having bagged twenty goals in all competitions. Club legend Ian Taylor had been sold before a ball was kicked, but new legends were born with the signatures of Tony Naylor, Steve Guppy, and Ian Bogie.

The pre-season saw John Rudge spend a small amount of the money received on the sales of Ian Taylor and Peter Swan to bring Tony Naylor to the club from Crewe Alexandra for a £150,000 fee. A further £200,000 was splashed out on Nottingham Forest forward Lee Glover. Another £4,500 was spent on Dutch goalkeeper Arjan van Heusden from VV Noordwijk. Arriving on free transfers were Craig Lawton (Manchester United) and Stewart Talbot (Moor Green).