Saturday 16 January 1954 at Molineux (Att 45,974)

Wolves (0) 0: Williams, Short, Pritchard, Slater, Wright, Flowers, Hancocks, Broadbent, Swinbourne, Wilshaw, Mullen.
Arsenal (1) 2 (Logie 9, Lishman 88): Kelsey, Willis, Wade, Dickson, Dodgin, Forbes, Milton, Logie, Holton, Lishman, Marden.

Referee: Mr G Gibson (Urmston).
Injury: Johnny Hancocks had three stitches inserted in a head wound after colliding with Alex Forbes in the 54th minute.
Position: 2nd.