| Everton Reserves | 2 |
Ron Saunders 35' Gwyn Lewis 60' | |
| Wolverhampton Wanderers Reserves | 1 |
Billy Crook 40' | |
HT: 1-1
Saturday 21 August 1954
Line-Up
- Harry Leyland
- Jimmy Tansey
- George Rankin
- Jackie Grant
- Matt Woods
- Les Melville
- Tony McNamara
- Harry Potts
- Ron Saunders
- Gwyn Lewis
- Ted Buckle