From 05/09/1948 to 29/05/1949

Final

Valencia
Athletic Bilbao
1-0

Third place play-off

Barcelona
Espanyol
3-1

Semi Finals

Espanyol
Athletic Bilbao
1-2
2-6

Valencia
Barcelona
3-1
2-3

Quarter Finals

Espanyol
Atletico Madrid
6-1
1-5

Athletic Bilbao
Gimnàstic Tarragona
3-0
0-2

Granada
Barcelona
2-2
0-5

Valencia
Real Sociedad
3-2
2-1