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| 21.02.1932 | Celta de Vigo | - | Real Oviedo | 1:3 | ||
| Real Betis | - | Sevilla FC | 1:1 | |||
| Sporting Gijón | - | Real Murcia | 3:0 | |||
| CD Castellón | - | Atlético Madrid | 3:2 | |||
| Catalunya FC | - | Deportivo La Coruña | 1:2 |
| » Stand | Thuis | uit | Heenronde | Returnronde |
| # | Team | GS. | W. | G. | V. | Dp. | Ds. | P. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Real Oviedo | 12 | 8 | 1 | 3 | 32:18 | 14 | 17:7 |
| 2 |
|
Real Betis | 12 | 6 | 4 | 2 | 27:16 | 11 | 16:8 |
| 3 |
|
Sporting Gijón | 12 | 7 | 2 | 3 | 26:16 | 10 | 16:8 |
| 4 |
|
Real Murcia | 12 | 6 | 1 | 5 | 24:21 | 3 | 13:11 |
| 5 |
|
Deportivo La Coruña | 12 | 6 | 1 | 5 | 23:25 | -2 | 13:11 |
| 6 |
|
Sevilla FC | 12 | 5 | 1 | 6 | 22:23 | -1 | 11:13 |
| 7 |
|
Atlético Madrid | 12 | 5 | 1 | 6 | 21:26 | -5 | 11:13 |
| 8 |
|
CD Castellón | 12 | 5 | 1 | 6 | 18:27 | -9 | 11:13 |
| 9 |
|
Celta de Vigo | 12 | 4 | 1 | 7 | 23:29 | -6 | 9:15 |
| 10 |
|
Catalunya FC | 12 | 1 | 1 | 10 | 11:26 | -15 | 3:21 |
