Saturday 9 February 1974 at Goodison Park (Att 26,604)

Everton (1) 2 (Bernard 27p, Lyons 55): Lawson, Darracott, McLoughlin, Kendall, Kenyon, Bernard, Harvey, Buckley (Kenny 80), Lyons, Jones, Telfer.
Wolves (0) 1 (Sunderland 67): Pierce, Palmer, Parkin, Bailey, Munro, McAlle, Hibbitt, Sunderland, Richards, Dougan, Wagstaffe; Sub Taylor.

Referee: Mr R Lee (Cheadle).
Order of Goals: e,e,W.
Penalty: Awarded against Derek Parkin for bringing down Garry Jones.
Booked: McAlle 87.
Position: 18th.