Monday 3 September 1945 at Molineux (Att 25,360)

Wolves (0) 1 (Dunn 80): Scott, Morris, Paxton, Alderton, McLean, Crook, Stephens, James Dunn, Chatham, Galley, Bennett.
Arsenal (0) 1 (Wilson 90): Marks, Scott, Fisher⁰, Henley, L Smith, Wade, Farquhar, Nelson, Wilson, Mortensen⁰, Wrigglesworth⁰.

Referee: Mr G Tedds (Bestwood, Notts).
Order of Goals: W,a.

⁰ Guest.