Saturday 18 December 1948 at St Andrews (Att 48,000)

Birmingham City (0) 0: Merrick, Green, Jennings, Harris, Duckhouse, Mitchell, Berry, Stewart, Dougal, Bodle, Roberts.
Wolves (0) 1 (Pye 77): Williams, Kelly, Pritchard, W Crook, Shorthouse, Wright, Hancocks, Dunn, Pye, Smyth, Mullen.

Referee: Mr C Fletcher (Davenham, Cheshire).
Injury: Jackie Stewart who twisted his knee in the first-half missed the first eight minutes of the second. Although he came back on and went onto the wing he could not continue and went off for good after just four minutes.
Position: 8th.