Saturday 26 November 1938 at Stamford Bridge (Att 33,000)

Chelsea (0) 1 (Mills 64): Woodley, Barber, Smith, Mayes, Salmond, Weaver, Spence, Argue, Mills, Burgess, Hanson.
Wolves (1) 3 (Westcott 10 79 88): Scott, Morris, Taylor, Galley, Cullis, Gardiner, Burton, McIntosh, Westcott, Dorsett, Maguire.

Referee: Mr W Strainge (Bristol).
Order of Goals: W,c,W,W.
Position: 7th.