Saturday 7 January 1933 at Filbert Street (Att 15,000)

Leicester City (1) 2 (Campbell 37, Liddle 47): McLaren, Black, Dumbrell, Gurry, Heywood, Ritchie, Adcock, Maw, Campbell, Langford, Liddle.
Wolves (1) 2 (Crook 25, Hetherington 90): Wildman, Lowton, J Smith, Rhodes, Nelson, Richards, Crook, Hetherington, Hartill, Deacon, Barraclough.

Referee: Mr J Rennie (Oldham).
Order of Goals: W,l,l,W.
Landmark: Reg Hollingworth makes his 100th league appearance for Wolves.
Position: 20th.