| Everton Reserves | 2 |
Alan Biley 29' Dean Kelly 37' | |
| Wolverhampton Wanderers Reserves | 1 |
Willie Carr 43' | |
HT: 2-1
Saturday 23 January 1982
Line-Up
- Jim Arnold
- John Barton
- Brian Borrows
- Billy Wright
- Mike Walsh
- Trevor Ross
- Alan Ainscow
- Dean Kelly
- Mick Ferguson
- Alan Biley
- Joe McBride