| Club: | Real Valladolid |
| Season: | 2002–03 |
| Manager: | José Moré Bonet |
| Stadium: | Estadio Jose Zorrilla |
| League: | La Liga |
| League Result: | 14th |
| Cup1: | Copa del Rey |
| Cup1 Result: | Fourth round |
| League Topscorer: | David Aganzo (9) |
| Prevseason: | 2001–02 |
| Nextseason: | 2003–04 |
During the 2002–03 Spanish football season, Real Valladolid competed in the La Liga.
Valladolid finished the season in 14th position in the La Liga table. In other competitions, Valladolid reached the fourth round of the Copa del Rey.
David Aganzo was the top scorer for Valladolid with 9 goals in all competitions.
Valladolid's kit was manufactured by British sports retailer Umbro and sponsored by Agroinnova.
Gaspar Alberto Marcos Rey Mario
Javier Muñoz Mustafá Óscar Sánchez
Juan Manuel Peña José Luis Santamaría Javier Torrez Gómez Abel Agustín Antonio López Álvarez José Luis Caminero Chema Gonzalo Colsa Fernando Sales Javi Jimenez Javier Moré Jésus Jorge Manrique Pablo Richetti