Saturday 21 October 1950 at Molineux (Att 40,014)

Wolves (0) 2 (Hancocks 58, Swinbourne 70): Williams, Shorthouse, Pritchard, Crook, Chatham, Wright, Hancocks, Smyth, Swinbourne, Dunn, Mullen.
Chelsea (1) 1 (Billington 9): Pickering, Bathgate, Hughes, Armstrong, Harris, Mitchell, Dyke, Campbell, Billington, Bentley, Gray.

Referee: Mr H Pearce (Luton).
Position: 6th.