Saturday 9 April 1932 at Molineux (Att 20,125)

Wolves (3) 7 (Hartill 1 35 77, Crook 21, Barraclough 53, Lowton 58p, Deacon 67): Tootill, Lowton, Shaw, Rhodes, Bellis, Smith, Crook, Bottrill, Hartill, Deacon, Barraclough.
Oldham Athletic (0) 1 (Hasson 57): Pearson, Ivill, Porter, Thomas, Brown, Pickersgill, Smalley, Johnson, Roscoe, Gray, Hasson.

Referee: Mr H Mee (Mansfield).
Order of Goals: W,W,W,o,W,W,W.
Penalty: Awarded for a foul on Billy Barraclough by Billy Porter.
Position: 1st.