1948–49 Yugoslav First League

League table

Cup

Round of Sixteen

Partizan Beograd 1 - 0 FK Sarajevo
Hajduk Split x - x X
X x - x X
X x - x X
X x - x X
X x - x X
Nasa Krila Zemun x - x X
Crvena Zvezda Beograd x - x X

Quarter finals

Crvena Zvezda Beograd x - x X
Partizan Beograd 4 - 2 Hajduk Split
X x - x X
Nasa Krila Zemun x - x X

Semi finals

Crvena Zvezda Beograd 2 - 1 Partizan
Nasa Krila Zemun x - x X

Finals

Nasa Krila Zemun 2 - 3 Crvena Zvezda
Stadium: Stadium JNA
Attendance: 50,000
Referee: Podupski
Nasa Krila: Popadić, Filipović, Jovanović, Kobe, Zvekanović, Adamović, A.Panić, Lenko Grčić, Popović, Zlatković, Borović
Crvena Zvezda: Srđan Mrkušić, Branko Stanković, Mladen Kašanin, Bela Palfi, Milivoje Đurđević, Predrag Đajić, Tihomir Ognjanov, Rajko Mitić, Kosta Tomašević, Josip Takač, Branislav Vukosavljević