Monday 26 December 1927 at City Ground (Att 16,670)

Nottingham Forest (2) 3 (Gibson 5 54, Burton 43): Dexter, W Thompson, Barratt, Belton, Harrison, Morgan, Gibson, McMillan, Burton, Jones, Wadsworth.
Wolves (2) 2 (Phillipson 12, Bowen 15): Canavon, Watson, Fox, McDougall, Pritchard, Kay, Harrington, Bowen, Phillipson, Rotton, Baxter.

Referee: Mr F Burton (Leicester).
Order of Goals: n,W,W,n,n.
Position: 21st.