| 23.06.1954 | Basel | St.Jakob Stadion | 29 000 |
| Switzerland | 4:1(1:0) | Italy |
| Parlier Eugene, Bocquet Roger(c), Neury Andre, Kernen William, Eggimann Oliver, Casali Charles, Volanthen Roger, Antenen Charles, Hogi Josef, Ballaman Robert, Fatton Jacques | Viola Giovanni, Magnini Ardico, Giacomazzi Giovanni, Mari Giacomo, Tognon Omero, Nesti Fulvio, Muccinelli Ermes, Pandolfini Egisto(c), Lorenzi Benito, Segato Armando, Frignani Amleto |
| Coach:Karl Rappan | Lajos Czeizler |
| Scorers:12' Hogi Josef, 48' Ballmann Robert, 85' Hogi Josef, 90' Fatton Jacques | 67' Nesti Fulvio |
| Referee:Mervyn Griffiths (WAL) | Assistant referee:Bill Ling (ENG), José da Costa (POR) |