Season 1937-38 proved to be as lean, with the club dipping to ninth in the League, though the reserves did manage to finish as runners-up in the Isthmian League Reserve Section on goal average behind Ilford. The winning of the South London Charity Cup provided some solace as did the 'Strollers' victory in the South Western Junior Cup.

At the close of the season the Club invited persons interested in the formation of a Supporters' Club to a meeting at the Club's headquarters which was addressed by Mr. L. W. Davis, former Hon. Secretary of the Crystal Palace F.C. Supporters' Club and the then present Hon. Secretary of the National Federation of Football Supporters' Clubs. From this meeting was born the Wimbledon Football Supporters' Club which we know today. The aim and object of the new Club was the welfare of the parent Club and the annual subscription was fixed at one shilling. It was hoped that at some future date the Supporters' Club would have their own premises, but for the time being a Club Night was to be held every Wednesday at the Nags Head, Morden Road, South Wimbledon.