Saturday 21 January 1933 at Molineux (Att 18,371)

Wolves (3) 5 (Bottrill 32, Hartill 38, Deacon 40, Crook 46, Lowton 69): Wildman, Lowton, J Smith, Rhodes, Nelson, Richards, Crook, Bottrill, Hartill, Deacon, Barraclough.
Portsmouth (1) 2 (Rutherford 8 80): Gilfillan, Mackie, W Smith, Nichol, Allen, Thackeray, Worrall, J Smith, Weddle, McCarthy, Rutherford.

Referee: Mr F Ratcliffe (Crouch End).
Order of Goals: p,W,W,W,W,W,p.
Position: 20th.