Saturday 16 February 1946 at Molineux (Att 20,006)

Wolves (1) 4 (Chatham 35, Wright 48, Chatham*, Chatham 82): Sidlow, Morris, McLean, Alderton, Cullis, Miller, King, Ramscar, Chatham, Wright, W Crook.
Portsmouth (0) 0: Walker, Morgan, Rochford, Scoular, Flewin, Foxton, Harris, Phillips, Evans, Chisholm⁰, Parker.

Referee: Mr R Greenwood (Norbury).

⁰ Guest.