| Wolverhampton Wanderers Reserves | 2 |
Barry Stobart 4' John Galley 59' | |
| Everton Reserves | 1 |
Alan Tyrer 70' | |
HT: 1-0
Saturday 28 April 1962
Line-Up
- Albert Dunlop
- Mick Gannon
- Colin Green
- Barrie Rees
- George Heslop
- George Sharples
- Mickey Lill
- Alan Tyrer
- Keith Webber
- Frank Wignall
- Ray Veall