Saturday 26 February 1972 at Molineux (Att 19,349)

Wolves (1) 2 (Hibbitt 4, McCalliog 90p): Parkes, Shaw, Parkin (Sunderland 65), Taylor, Munro, McAlle, McCalliog, Hibbitt, Richards, Dougan, Wagstaffe.
Ipswich Town (2) 2 (Belfitt 25 28): Best, Mills, Harper, Morris, Hunter, Jefferson, Robertson, Viljoen, Belfitt, Clarke (Whymark 84), Lambert.

Referee: Mr C Howell (North Shields).
Penalty: Awarded for handball by Mick Mills from a shot from Bernard Shaw. The penalty was twice taken and McCalliog hit the back of the net on both occasions.
Booked: Munro.
Order of Goals: W,i,i,W.
Position: 8th.