Saturday 19 September 1992 at Molineux (Att 13,497)

Wolves (1) 2 (Bull 38 87): Stowell, Ashley, Edwards, Downing (Dennison 72), Westley, Mountfield, Birch, Cook, Bull, Mutch, Rankine (Roberts 81).
Watford (1) 2 (Furlong 14, Nogan 56): Suckling, Lavin, Drysdale, Dublin, Holdsworth, Ashby, Hessenthaler, Nogan, Furlong, Putney, Soloman; Subs Thomas, Butler.

Referee: Mr K Breen (Liverpool).
Order of Goals: w,W,w,W.
Booked: Drysdale 37, Furlong 47, Westley 73.
Landmark: Mike Stowell makes his 100th Football League appearance for Wolves.
Position: 3rd.