| Club: | Punjab |
| Season: | 2019–20 |
| Owner: | Ranjit Bajaj Roundglass Sports |
| Mgrtitle: | Head Coach |
| Manager: | Yan Law[1] |
| Stadium: | Tau Devi Lal Stadium (I-League) |
| League: | I-League |
| League2: | Punjab State Super Football League |
| Cup1: | Super Cup |
| Pattern B1: | _navystripes |
| Leftarm1: | 0B0B61 |
| Body1: | 00BFFF |
| Rightarm1: | 0B0B61 |
| Shorts1: | 0B0B61 |
| Socks1: | 0B0B61 |
| Pattern La2: | _redborder |
| Pattern B2: | _redcollar |
| Pattern Ra2: | _redborder |
| Pattern Sh2: | _redsides |
| Leftarm2: | 070719 |
| Body2: | 070719 |
| Rightarm2: | 070719 |
| Shorts2: | 070719 |
| Socks2: | 070719 |
| Prevseason: | 2018–19 |
| Nextseason: | 2020–21 |
The 2019–20 Punjab F.C. Season was the club's fourth season in the I-League.
| No. | Position | Player | Previous club | Transfer fee | Date | Ref |
|---|---|---|---|---|---|---|
| Kiran Kumar Limbu |  TC Sports Club | Free agent | 17 July 2019 | |||
| Dawda Ceesay |  Churchill Brothers | Free agent | 18 July 2019 | |||
| 15 | Sanju Pradhan | Mumbai City | Free agent | 2 August 2019 | [2] | |
 Orok Essien | Free agent | 8 August 2019 | [3] | |||
 Sérgio Barboza |  Master 7 FC | Free agent | 9 August 2019 | |||
| 18 | Beikhokhei Beingaichho | Free agent | 13 August 2019 | [4] | ||
| 09 | Bali Gagandeep | East Bengal | Free agent | 13 August 2019 | [5] | |
| 03 |  Teah Dennis Jr. | Southern Samity | Free agent | 31 August 2019 | ||
| Danilo Quipapá | Central | Free agent | 31 August 2019 | |||
| 02 | Jayananda Singh | Delhi Dynamos | Free agent | 31 August 2019 | ||
| No. | Position | Player | Outgoing club | Ref |
|---|---|---|---|---|
| 05 |  Lancine Touré | Brothers Union | ||
| 06 |  Mahmoud Amnah | Southern Samity | ||
| 08 |  Khalif Alhassan | Churchill Brothers | ||
| 09 | C.S. Sabeeth | Ozone FC | ||
| 10 |  Juan Quero Barraso | |||
| 17 |  Roland Rassel Bilala | |||
| 23 | Jagpreet Singh | |||
| 30 | Arshdeep Singh | Odisha FC | ||
| 40 |  Caicedo Rodriguez | Real Avilés CF | ||
| 42 | William Opoku | Ozone FC | ||
| 43 | Alexander Kouame | Kalighat M S | ||