Saturday 26 August 1933 at Molineux (Att 31,072)

Wolves (2) 3 (Phillips 2, Hartill 21, Barraclough 80): Ellis, Lowton, Shaw, Rhodes, Nelson, Richards, Phillips, Hetherington, Hartill, Deacon, Barraclough.
Liverpool (1) 2 (Wright 38, Hodgson 56p): Riley, Steel, Dobbs, Morrison, Bradshaw, McPherson, Taylor, Hodgson, English, Wright, Hanson.

Referee: Mr E Woods (Sheffield).
Order of Goals: W,W,l,l,W.
Penalty: Awarded against Dai Richards for a push on Gordon Hodgson who had cut in from the left.
Landmark: Victory sees Wolves go through the 1000 points barrier at Molineux.
Position: 5th.