A record 48,000 crowd travelled down from the Midlands and Yorkshire to Sydenham to see if Wednesday {they didn't add the name Sheffield until 1930} could lift the cup for the first time in their history or if Wolves could end an otherwise miserable season, they avoided the relegation play offs by a solitary point, with a trophy.
Despite being tagged as underdogs, Wolves fans had little to fear in their mid table opposition as they had witnessed their side beat Wednesday 4-0 the previous September. The following Month Wednesday had won the return league encounter 3-1 at Owlerton though and most neutrals expected a repeat. Wolves did have all the experience though with Dick Baugh and Harry Wood both returning for a third final having played in Wolve's 1889 and 1893 finals while Billy Malpas had also played in the '93 victory over Everton.
For the second year in succession the match was less than a minute old when it exploded into life. With the fans still taking their places on the terraces, Fred Spiksley and Harry Davis carved open the Wolves defence before the latter fired Wednesday in front. Wolves had been up against it as underdogs before kick off but now they had a mountain to climb as a side that lacked confidence at the best of times. It wasn't surprising that their tactics were more raw braun than tactical brains and it may not have been pretty as referee Lt Simpson was forced to constantly stop the game for fouls but after just eight minutes it proved effective.
When a Wednesday defender handled just outside the penalty area it was left to Wolves Scottish International David Black to fire in a sweetly struck free kick which gave Wednesday keeper, Jimmy Massey no chance. Wolves were level and for a short time were slightly on top as they played some of their best football of the afternoon but just when they were starting to look comfortable in their surroundings they were hit by a killer blow, and what a killer blow it was. Fred Spiksley was known for spectacular goals and was the Mark Hughes of his day in technique if not stature. He picked up a stray Wolves pass, controlled the ball on one foot before striking a powerful volley with the other that rocketed past Tennant into the net, hit the stantion and bounced back out. For a moment there was a dramatic goalmouth scramble as Wednesday tried to make certain before Lieutenant Simpson signalled the goal. In the melee, Wolves Keeper Tennant was injured and required treatment. The goal was later described as the best of the 19th Century cup finals and it is a shame for Spiksley that this was the era before motion pictures or it would still rank among the best ever scored.
There were still a full seventy two minutes to play in what had been a highly exciting final that many had believed would be a drab affair. The remainder of the game continued in the same way as Wolves came close on several occasions to equalising but spent far too much time using heavy handed tactics to stop Wednesday from increasing their lead at the other end. The match had been a very even one throughout but as the game moved into the final fifteen minutes Wednesday physically wilted and Wolves went all out for an equaliser. Billy Beats came closest when he forced a fine save from Jimmy Massey with seconds remaining but it wasn't to be and overall Wednesday deserved their victory having played the more talented football.
At the final whistle, Wednesday captain Jack Earp began the rounds of congratulating his team mates and shaking hands with the vanquished Wolves players but he was surprised when he approached Wolves keeper Tennant. "When's the replay?" asked Tennant, who had not realised Spiksley had scored twice. "There is no replay. We won as you will see when we collect the medals" replied Earp.