Saturday 7 December 1946 at Anfield (Att 52,512)

Liverpool (0) 1 (Balmer 76p): Sidlow, Lambert, Ramsden, Taylor, Hughes, Paisley, Eastham, Balmer, Stubbins, Done, Liddle.
Wolves (4) 5 (Westcott 15 31 39 40, Mullen 57): Williams, McLean, Crook, Galley, Cullis, Wright, Hancocks, Pye, Westcott, Forbes, Mullen.

Referee: Mr J Bridges (Cheadle).
Order of Goals: W,W,W,W,W,l.
Penalty: Awarded for a foul on Jack Balmer.
Championship: Liverpool were top of the League before the start of play.
Position: 1st.