Saturday 16 April 1938 at Molineux (Att 42,830)

Wolves 0: Scott, Morris, Dowen, Galley, Cullis, Gardiner, Maguire, Wright, Westcott, Jones, Dorsett.
Preston North End 0: Holdcroft, Gallimore, A Beattie, Shankly, Smith, Batey, Lowrie, Mutch, McIntosh, R Beattie, O’Donnell.

Referee: Mr H Hartles (Bolton).
Position: 3rd.