The young Wolves side (pictured) had already lost 6-0 to the eventual winners in a group game but beat Blackburn Rovers with a Dani Selmes goal. Manchester City were also defeated by the only goal, scored by Jade Salisman.
Liverpool completed their group fixtures with a 3-0 win against Blackburn to top their group, goals were scored by Lynda Shepherd, Jo Traynor and Gemma Watson.
In the semi-finals, Wolves were 2-0 down to Everton by the break but they bounced back through Selmes and an own-goal, both off Amber Quick crosses. A draw forced a penalty shoot-out, which saw Wolves triumph after two misses for Everton, although Fara Williams converted, and an excellent save from Alison Spriggs.
Meanwhile, Liverpool beat Curzon Ashton 2-0, with both goals coming from Kelly Jones. to set up a final with Wolves. A tired Wanderers side battled hard in the first half, only to go in 1-0 down at the break. But the second half proved too much for James Astle’s young side, as the Reds put another six goals past them, with Kelly Jones and Cheryl Foster bagging braces, plus singles from Katy Williams, Katie Brusell and Gemma Watson.
Wolves Manager James Astle said: “I’m really proud of the players. For many of them it’s their first taste of football at this level, and it was a real eye-opener, which hopefully will stand them in good stead for the season ahead. They’ve come away with a medal and some valuable experience.”