Saturday 23 September 1950 at The Valley (Att 43,998)

Charlton Athletic (2) 3 (Cullum 35, Evans 40, Vaughan 63): Bartram, Shreeve, Lock, Fenton, Phipps, Forbes, Hurst, Vaughan, Evans, Cullum, Kiernan.
Wolves (0) 2 (Swinbourne 75, Mullen 80): Williams, McLean, Shorthouse, Crook, Chatham, Wright, Hancocks, Dunn, Swinbourne, Pye, Mullen.

Referee: Mr W Ling (Stapleford, Cambs).
Order of Goal: c,c,c,W,W.
Position: 7th.