Saturday 17 September 1932 at Molineux (Att 31,922)

Wolves (0) 1 (Hartill 75): Tootill, Lowton, Shaw, Rhodes, Bellis, Richards, Phillips, Smalley, Hartill, Deacon, Barraclough.
Chelsea (1) 2 (Gallacher 44 82): Woodley, Barber, Law, Russell, O’Dowd, Rankin, Oakton, Bishop, Gallacher, Miller, Crawford.

Referee: Mr A Kingscott (Long Eaton).
Order of Goals: c,W,c.
Position: 20th.