Saturday 15 March 1947 at Molineux (Att 36,163)

Wolves (2) 2 (Mullen 11, Westcott 29): Williams, McLean, Crook, Alderton, Galley, Wright, Hancocks, Ramscar, Westcott, Forbes, Mullen.
Charlton Athletic (0) 0: Bartram, P Croke, Shreeve, Johnson, Phipps, Welsh, Hurst, Lancelotte, W Robinson, Fenton, Duffy.

Referee: Mr W Wood (Luton).
Position: 1st.