Saturday 10 September 1932 at Fratton Park (Att 13,500)

Portsmouth (0) 2 (Allen 81, J Smith 83): Gilfillan, Macke, W Smith, Nicholl, Allen, Thackeray, Worrall, J Smith, Weddle, Easson, Rutherford.
Wolves (0) 0: Tootill, Lowton, Shaw, Rhodes, Bellis, Richards, Phillips, Smalley, Hartill, Deacon, Barraclough.

Referee: Mr F Ratcliffe (Crouch End).
Position: 19th.