The 1954 FA Charity Shield was the 32nd FA Charity Shield, a football match between the winners of the previous season's First Division and FA Cup titles. This year's match was contested by league champions Wolverhampton Wanderers and FA Cup winners West Bromwich Albion. The two Black Country rivals had been the main contenders for the league championship of the previous campaign, with Wolves edging out their challengers by four points in the end to claim their first ever league title.