| 1. Round | 18/09/1932 | Pro Vercelli | - | Palermo FBC | 2:0 | ||||
| 2. Round | 25/09/1932 | Lazio Roma | - | Palermo FBC | 1:1 | ||||
| 3. Round | 02/10/1932 | Palermo FBC | - | Bologna FC | 0:0 | ||||
| 4. Round | 09/10/1932 | Palermo FBC | - | US Triestina | 1:0 | ||||
| 5. Round | 16/10/1932 | Torino FC | - | Palermo FBC | 0:1 | ||||
| 6. Round | 23/10/1932 | AC Milan | - | Palermo FBC | 2:1 | ||||
| 7. Round | 06/11/1932 | Palermo FBC | - | US Alessandria 1912 | 1:1 | ||||
| 8. Round | 13/11/1932 | Palermo FBC | - | AS Roma | 0:2 | ||||
| 9. Round | 20/11/1932 | Genova 1893 Circolo del Calcio | - | Palermo FBC | 7:2 | ||||
| 10. Round | 04/12/1932 | Calcio Padova | - | Palermo FBC | 3:0 | ||||
| 11. Round | 11/12/1932 | Palermo FBC | - | AS Bari | 1:0 | ||||
| 12. Round | 18/12/1932 | Palermo FBC | - | Aurora Pro Patria | 2:1 | ||||
| 13. Round | 08/01/1933 | AS Ambrosiana-Inter | - | Palermo FBC | 5:1 | ||||
| 14. Round | 15/01/1933 | Casale | - | Palermo FBC | 2:1 | ||||
| 15. Round | 22/01/1933 | ACF Fiorentina | - | Palermo FBC | 1:0 | ||||
| 16. Round | 29/01/1933 | Palermo FBC | - | SSC Napoli | 1:0 | ||||
| 17. Round | 05/02/1933 | Palermo FBC | - | Juventus | 0:2 | ||||
| 18. Round | 19/02/1933 | Palermo FBC | - | Pro Vercelli | 1:1 |
Italy