Saturday 23 April 1932 at Molineux (Att 28,744)

Wolves (2) 2 (Hartill 20 27): Tootill, Lowton, Shaw, Rhodes, Bellis, Richards, Phillips, Bottrill, Hartill, Deacon, Barraclough.
Port Vale (0) 0: Davies, Shelton, Oakes, Cope, Round, Jones, Henshall, Nolan, Littlewood, Kirkham, Tippett.

Referee: Mr G Dutton (Warwick).
Celebrations: Wolves victory sees them confirm promotion back to the First Division.
Position: 1st.