Saturday 25 December 1954 at Molineux (Att 28,494)

Wolves (0) 1 (Wilshaw 62): Williams, Stuart, Shorthouse, Slater, Wright, Flowers, Hancocks, Broadbent, Swinbourne, Wilshaw, Smith.
Everton (1) 3 (Hickson 25 81, Wainwright 55): O’Neill, Moore, Donovan, P Farrell, T Jones, Lello, Wainwright, Fielding, Hickson, Potts, Eglington.

Referee: Mr H Webb (Leeds).
Order of Goals: e,e,W,e.
Position: 1st.