West Bromwich Albion 3 Preston North End 2
 
West Bromwich Albion were appearing in their ninth final, having won the cup on three previous occasions, while Preston had won the competition twice and were playing in the final for the sixth time. The two clubs had met in one final before in 1888, with Albion winning 2–1 on that occasion; in this match, Albion won 3–2. Ronnie Allen opened the scoring but Preston soon equalised through Geordie Payne. Preston then took the lead through Charlie Wayman although the goal was probably offside. Allen equalised from the penalty spot before a late goal from Frank Griffin secured the cup for Albion for the fourth time. Albion finished second in the league table, losing out on 'the double' to Black Country rivals Wolverhampton Wanderers.