Tuesday 27 August 1974 at Anfield (Att 42,449)

Liverpool (0) 2 (Heighway 51, Toshack 57): Clemence, Smith, Lindsay, Thompson, Cormack, Hughes, Boersma, Hall, Heighway, Toshack, Callaghan; Sub Waddle.
Wolves (0) 0: Parkes, Palmer, Parkin, Bailey, Munro, McAlle, Hibbitt, Powell (Daley 75), Richards, Sunderland, Kindon.

Referee: Mr H Williams (Sheffield).
Penalty: Alec Lindsay hit the underside of the bar in the 66th minute with a penalty awarded against Frank Munro for a foul on John Toshack. Lindsay had scored two penalties in Liverpool previous match at home to Leicester City just three days before.
Position: 7th.