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| 12.02.1933 | Deportivo La Coruña | - | Real Murcia | 1:1 | ||
| Sevilla FC | - | Real Unión | 1:2 | |||
| CA Osasuna | - | Atlético Madrid | 2:2 | |||
| Sporting Gijón | - | Real Oviedo | 2:3 |
| » Stand | Thuis | uit | Heenronde | Returnronde |
| # | Team | GS. | W. | G. | V. | Dp. | Ds. | P. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Real Oviedo | 12 | 8 | 2 | 2 | 38:19 | 19 | 18:6 |
| 2 |
|
Real Unión | 12 | 7 | 0 | 5 | 36:23 | 13 | 14:10 |
| 3 |
|
Atlético Madrid | 12 | 5 | 4 | 3 | 21:24 | -3 | 14:10 |
| 4 |
|
Deportivo La Coruña | 12 | 5 | 3 | 4 | 26:31 | -5 | 13:11 |
| 5 |
|
Sporting Gijón | 12 | 5 | 2 | 5 | 41:32 | 9 | 12:12 |
| 6 |
|
Real Murcia | 12 | 5 | 2 | 5 | 23:30 | -7 | 12:12 |
| 7 |
|
Sevilla FC | 12 | 5 | 1 | 6 | 23:25 | -2 | 11:13 |
| 8 |
|
CA Osasuna | 12 | 4 | 2 | 6 | 34:30 | 4 | 10:14 |
| 9 |
|
Celta de Vigo | 11 | 5 | 0 | 6 | 25:27 | -2 | 10:12 |
| 10 |
|
CD Castellón | 11 | 2 | 0 | 9 | 13:39 | -26 | 4:18 |
