Saturday 24 September 1938 at Fratton Park (Att 27,000)

Portsmouth (1) 1 (Easson 7): Walker, Morgan, Rochford, Guthrie, Rowe, Wharton, Worrall, Groves, Beattie, Easson, Parker.
Wolves (0) 0: Scott, Morris, Taylor, Galley, Cullis, Gardiner, Burton, McIntosh, Westcott, Thompson, Dorsett.

Referee: Mr T Reed (Raynes Park).
Position: 16th.