Friday 14 May 1948 at Olympic Stadium, Rotterdam (Att 40,000)

Dutch National XI (0) 0: de Munck [Sittard Boys], Spel [DWS], de Boer [De Volewijckers], Biesbrouck [RCH], Beenhakkers [NAC Nijmegen], Temming [DOS], van der Tuyn [Hermes DVS], Scaap [‘t Gooj], Disselkoen [AFC], van Dijk [Ajax], Mulders [PSV Eindhoven].
Wolves (0) 1 (Pye*): Williams, Kelly, McLean, W Crook, Shorthouse, Chatham, Smith, Dunn, Pye, Stevenson, Mullen.