Saturday 11 September 1948 at Bloomfield Road (Att 30,366)

Blackpool (1) 1 (Matthews 49): Robinson, Suart, Wright, Fenton, Hayward, Kelly, Matthews, Mortenson, W McIntosh, McCall, Wardle.
Wolves (1) 3 (Smyth 26 75, Dunn 77): Williams, McLean, Springthorpe, W Crook, Shorthouse, Wright, Hancocks, Dunn Pye, Smyth, Mullen.

Referee: Mr J Brigg (Cheadle).
Order of Goals: W,b,W,W.
Position: 4th.