Saturday 7 May 1932 at The Valley (Att 9,000)

Charlton Athletic (2) 3 (Yardley 30 39 47): Robertson, Baker, Searle, Jobling, Rankin, Pugsley, Kelly, Black, Yardley, James, Hobbis.
Wolves (0) 2 (Smalley 54, Redfern 67): Tootill, Griffiths, Shaw, Rhodes, Bellis, Smith, Crook, Redfern, Smalley, Buttery, Barraclough.

Referee: Mr J Rennie (Oldham).
Order of Goals: c,c,c,W,W.
Guest: Sir Frederick Wall secretary of FA and Lady Wall was amongst the crowd.
Celebrations: Wolves are confirmed as Division Two Champions as nearest rivals Leeds United also lose at Port Vale.
Landmark: Les Redfern nets his only Wolves goal and Tom Smalley nets his first Wolves goal.
Position: 1st.