Saturday 20 April 1946 at Molineux (Att 42,684)

Wolves (1) 3 (Westcott 17 62 80): B Williams, Morris, McLean, Wright, Galley, W Crook, Jackman, McIntosh, Westcott, Miller, King.
Birmingham City (0) 3 (Bodle*, Edwards*, Harris*): Merrick, Dearson, Jennings, Harris, Turner, Mitchell, Mulraney, Dougall, Jones, Bodle, Edwards.

Referee: Mr T Smith (Atherstone).
Order of Goals: W,W,b,W,b,b.