| 13/04/1947 | Real Sociedad | - | RCD Mallorca | 2:1 | ||
| Barakaldo CF | - | Racing Ferrol | 2:3 | |||
| CD Alcoyano | - | Levante UD | 5:2 | |||
| Gimnàstic de Tarragona | - | RCD Córdoba | 3:0 | |||
| Granada CF | - | CD Málacitano | 4:2 | |||
| Real Zaragoza | - | Hércules CF | 3:0 | |||
| Racing Santander | - | Real Betis | 4:1 |
| » Tables | Home | Away | First round | Second round |
| # | Team | M. | W | D | L | goals | Dif. | Pt. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
CD Alcoyano | 26 | 16 | 6 | 4 | 65:36 | 29 | 38:14 |
| 2 |
|
Gimnàstic de Tarragona | 26 | 16 | 3 | 7 | 67:42 | 25 | 35:17 |
| 3 |
|
Real Sociedad | 26 | 13 | 6 | 7 | 55:37 | 18 | 32:20 |
| 4 |
|
Hércules CF | 26 | 14 | 2 | 10 | 48:44 | 4 | 30:22 |
| 5 |
|
Levante UD | 26 | 12 | 2 | 12 | 62:54 | 8 | 26:26 |
| 6 |
|
RCD Mallorca | 26 | 13 | 0 | 13 | 47:48 | -1 | 26:26 |
| 7 |
|
Granada CF | 26 | 10 | 5 | 11 | 36:51 | -15 | 25:27 |
| 8 |
|
RCD Córdoba | 26 | 9 | 6 | 11 | 38:41 | -3 | 24:28 |
| 9 |
|
CD Málacitano | 26 | 8 | 7 | 11 | 38:44 | -6 | 23:29 |
| 10 |
|
Racing Ferrol | 26 | 9 | 4 | 13 | 48:62 | -14 | 22:30 |
| 11 |
|
Barakaldo CF | 26 | 10 | 1 | 15 | 58:59 | -1 | 21:31 |
| 12 |
|
Real Zaragoza | 26 | 9 | 3 | 14 | 42:47 | -5 | 21:31 |
| 13 |
|
Racing Santander | 26 | 7 | 7 | 12 | 38:54 | -16 | 21:31 |
| 14 |
|
Real Betis | 26 | 8 | 4 | 14 | 37:60 | -23 | 20:32 |