Saturday 30 April 1938 at Molineux (Att 27,718)

Wolves (0) 1 (Galley 88p): Scott, Morris, J Taylor, Galley, Cullis, Gardiner, Maguire, McIntosh, Westcott, Jones, Dorsett.
Chelsea (0) 1 (Burgess 72): Woodley, Barkas, Smith, Allum, Craig, Weaver, Spence, Burgess, Payne, Gibson, Smale.

Referee: Mr E Vokes (Bath).
Order of Goals: c,W.
Penalty: Bryn Jones in full flight was brought down in a sandwich by three defenders.
Position: 2nd.