The 1927 season was the sixteenth season for Santos FC.
| SANTOS FBC: | ||||
| width=25 | ! | width=25 | ||
|---|---|---|---|---|
| GK |  Julien Fauvel | |||
| DF |  Sidnei | |||
| DF | Sebastião Arantes | |||
| MF | Ernani | |||
| MF | Oscar Bastos | |||
| MF | Montenegro | |||
| FW | Adolpho Millon Jr. | |||
| FW | Hugo | |||
| FW | Nilo Arruda | |||
| FW | Carlos Ernesto Simon | |||
| FW | Arnaldo Silveira | |||
| Manager: | ||||
| None | ||||
| SANTOS AC: | ||||
| width=25 | ! | width=25 | ||
|---|---|---|---|---|
| GK | Parsons | |||
| DF | Kent | |||
| DF | Deweck | |||
| MF | Wood | |||
| MF | Seddon | |||
| MF | Lee | |||
| MF | De Saône | |||
| FW | Allen | |||
| FW | V. Cross | |||
| FW | Harold Cross | |||
| FW | ? | |||
| Manager: | ||||
| ? | ||||