Thursday 25 December 1941 at Molineux (Att 3,895)

Wolves (3) 4 (Stevenson 2, Dorsett 7, Wright 18, Galley 48): Sidlow, Dowen⁰, Springthorpe, Thornhill, Ashton, Gardiner, W Wright, Dorsett, Galley, Stevenson, Mullen.
Walsall (1) 3 (Beesley*, Vinall 58, Vinall 83p): Biddlestone⁰, Shelton, Lane⁰, Wood⁰, Morgan, Godfrey, Batty⁰, Ashley⁰, Vinall⁰, Starling⁰, Beesley.

Order of Goals: W,W,W,w,W,w,w.
Penalty: Awarded for a foul on Beesley.
Landmark: Ernie Stevenson scores his first League goal.
⁰ Guest