Saturday 20 November 1954 at Molineux (Att 29,722)

Wolves (1) 4 (Wilshaw 42, Hancocks 67, Broadbent 72, Smith 78): Williams, Stuart, Shorthouse, Slater, Wright, Flowers, Hancocks, Broadbent, Swinbourne, Wilshaw, Smith.
Sheffield United (0) 1 (Cross 79): Burgin, Furness, G Shaw, Hoyland, J Shaw, Fountain, Ringstead, Hawksworth, Cross, Waldock, Grainer.

Referee: Mr B Buckle (Peterborough).
Order of Goals: W,W,W,W,s.
Position: 1st.