Coach: Ivor Warne-Smith
Captain: Francis Vine
Finishing Position: 9th
Best and Fairest: n/a
Leading Goalkicker: George Margitich (60)
Best First Year Player: n/a
| Matches | Ladder | Playing list | Tribunal | Seconds | |
After 20 years of service, Andrew Manzie retired as club secretary. He was replaced by Charlie Streeter, who only spent one season in the role. Ivor Warne-Smith was reappointed as coach, beating applications from seven playing and five non-playing coaches. In an attempt to climb back up the ladder, Melbourne set a fixed rate of payment for players of three pounds per game, the maximum allowed by the league. It didn't help, and they finished ninth again. The Seconds offered some hope for the future again, winning their second consecutive premiership.
WAJ Branston, CL Forrester, ECH Taylor and W. Watson challenged Berry, Ince, Mendoza, McArthur, Parkin, McL Patterson and JA Henty Wilson for committee positions. Taylor and Forrested beat Berry and McL Patterson. George Haines, Gordon Sleight and Watson ran for the positions representing football club members. Haines and Sleight were elected.
With the fertiliser used during resurfacing works at the MCG posing a hazard to players, Melbourne was unable to use their home ground until Round 6. They did pre-season training at a number of venues around the city, then played home games at the nearby Motordrome.
In June, a combined team of Melbourne players, jockeys and cricketers played a charity match at Flinders Naval Base.
At the end of the season, one of the reasons given for another poor year was that 39 of 40 players on the senior list had been injured during the year. Warne-Smith resigned as coach.
Chairman Joe Blair said we have had some of the best small men in the league, but no small men can stand up to the heavy bumping they receive now without heavy men to stand up for them. He suggested the club would try and recruit more big men.
G. Sleight became one of Melbourne's VFL delegates, alongside Harry Parkin, but he only remained in the role for one year.
Premiership season
| Round | Opposition | Result | Score | ||
| 1 | South Melbourne | LOSS | 65-85 | ||
| 2 | Richmond | LOSS | 55-116 | ||
| 3 | Hawthorn | LOSS | 50-59 | ||
| 4 | Geelong | LOSS | 95-133 | ||
| 5 | North Melbourne | LOSS | 88-118 | ||
| 6 | Carlton | LOSS | 63-87 | ||
| 7 | Collingwood | LOSS | 83-101 | ||
| 8 | Footscray | LOSS | 27-67 | ||
| 9 | St. Kilda | WIN | 85-74 | ||
| 10 | Fitzroy | WIN | 102-90 | ||
| 11 | Essendon | WIN | 53-50 | ||
| 12 | South Melbourne | LOSS | 84-93 | ||
| 13 | Richmond | LOSS | 66-90 | ||
| 14 | Hawthorn | WIN | 76-72 | ||
| 15 | Geelong | LOSS | 43-104 | ||
| 16 | North Melbourne | LOSS | 93-118 | ||
| 17 | Carlton | LOSS | 63-105 | ||
| 18 | Collingwood | LOSS | 90-113 | ||
Ladder
| W | D | L | % | P | |
| Carlton | 15 | 0 | 3 | 137.8 | 60 |
| Richmond | 14 | 1 | 3 | 139.2 | 58 |
| Collingwood | 14 | 0 | 4 | 111.6 | 56 |
| South Melbourne | 13 | 0 | 5 | 118.0 | 52 |
| Geelong | 11 | 1 | 6 | 139.7 | 46 |
| Essendon | 10 | 0 | 8 | 103.5 | 40 |
| Footscray | 9 | 0 | 9 | 103.5 | 36 |
| North Melbourne | 8 | 0 | 10 | 97.1 | 32 |
| Melbourne | 4 | 0 | 14 | 76.5 | 16 |
| Fitzroy | 3 | 0 | 15 | 76.2 | 12 |
| St. Kilda | 3 | 0 | 15 | 72.0 | 12 |
| Hawthorn | 3 | 0 | 15 | 64.1 | 12 |
Playing list
| Number | Player | Games | Goals | ||
| 1 | Leo Nolan | 6 | 4 | ||
| 2 | Wyn Murray | 10 | 1 | ||
| 3 | George Margitich | 17 | 60 | ||
| 4 | Jim Abernethy | 9 | 1 | ||
| 5 | Bill Deague | 4 | 1 | ||
| 5 | Hec Davidson | 2 | 0 | ||
| 6 | Archie Roberts | 10 | 0 | ||
| 6 | Ted Esposito | 1 | 0 | ||
| 7 | Bert Avery | 15 | 1 | ||
| 8 | Bill Adams | 15 | 11 | ||
| 9 | Arthur Dickens | 13 | 7 | ||
| 10 | Geoff McInnes | 4 | 4 | ||
| 11 | Frank Smith | 2 | 0 | ||
| 11 | Terry Ogden | 3 | 0 | ||
| 12 | Ted Thomas | 3 | 0 | ||
| 12 | Alan Ryan | 9 | 0 | ||
| 13 | Joe Hogan | 1 | 0 | ||
| 14 | Ivor Warne-Smith | 13 | 14 | ||
| 14 | Jack Richardson | 1 | 0 | ||
| 15 | Tom McMahon | 2 | 0 | ||
| 16 | Robert C Johnson | 7 | 14 | ||
| 17 | Joe Kinnear | 15 | 0 | ||
| 18 | Don Hooper | 13 | 11 | ||
| 19 | Edwin Pemberton | 9 | 1 | ||
| 20 | Harry Long | 17 | 4 | ||
| 21 | Bill Vanthoff | 12 | 13 | ||
| 22 | Reg Conole | 13 | 2 | ||
| 23 | Francis Vine | 18 | 1 | ||
| 24 | Percy Beames | 16 | 7 | ||
| 25 | Bill Earle | 9 | 0 | ||
| 26 | Lou Riley | 8 | 15 | ||
| 27 | Bill Tymms | 7 | 1 | ||
| 28 | Webber Jackson | 3 | 0 | ||
| 29 | Jimmy Davidson | 17 | 5 | ||
| 30 | Dan Cunningham | 1 | 0 | ||
| 30 | Howard Steel | 2 | 1 | ||
| 31 | Jack Power | 2 | 0 | ||
| 32 | Gordon Ogden | 12 | 0 | ||
| 33 | Ron Rutherford | 1 | 1 | ||
| 34 | Ray Usher | 15 | 0 | ||
| 35 | Ike Sellers | 2 | 0 | ||
| 38 | Jim Moodie | 1 | 0 | ||
| 40 | Jack Pickford | 2 | 0 | ||
Awards
Best Clubman - George Margitich, Bert Avery, George Margitich
Most regular and attentive player at training - Jack Davidson
Most useful player - Jack Davidson
Most Consistent - Francis Vine
Tribunal
| Round | Player | Charge | Sanction | ||
| Round 17 | Bert Avery | Violently Pushing | Guilty | ||
Seconds
1932 Seconds season
Finals
| Round | Opposition | Result | Score | ||
| SF | Geelong | WIN | 87-74 | ||
| GF | Essendon | WIN | 60-34 | ||
Notes
Many sources show Warne-Smith as captain-coach, but he was a playing coach with Vine as captain.
Media
Argus - 11/02/1932
Herald - 16/02/1932
Age - 08/03/1932
Herald - 29/04/1932
Herald - 23/05/1932
Herald - 24/06/1932
Argus - 05/09/1932
[https://trove.nla.gov.au/newspaper/article/243036065|Herald] - 09/09/1932
Sporting Globe - 10/09/1932
Sun - 22/01/1932 02/12/1932, 04/02/1932, 14/12/1932, 15/12/1932
Argus - 20/12/1932
Referee - 28/12/1932