| Bologna beat Napoli 3-1 (H) on 4 Dec 1932 |
| Napoli beat Milan 3-0 (A) on 9 Oct 1932 |
| Milan beat Roma 2-1 (H) on 25 Sep 1932 |
| Roma beat Palermo 2-0 (A) on 13 Nov 1932 |
| Palermo beat Torino 1-0 (A) on 16 Oct 1932 |
| Torino beat Lazio 4-2 (H) on 2 Oct 1932 |
| Lazio beat Ambrosiana Inter 2-1 (A) on 16 Oct 1932 |
| Ambrosiana Inter beat Pro Patria 6-2 (H) on 18 Sep 1932 |
| Pro Patria beat Padova 1-0 (H) on 6 Nov 1932 |
| Padova beat Pro Vercelli 2-1 (H) on 13 Nov 1932 |
| Pro Vercelli beat Triestina 3-2 (H) on 6 Nov 1932 |
| Triestina beat Fiorentina 3-0 (H) on 16 Oct 1932 |
| Fiorentina beat Alessandria 3-1 (H) on 25 Sep 1932 |
| Alessandria beat Juventus 3-2 (H) on 18 Sep 1932 |
| Juventus beat Casale 2-1 (A) on 13 Nov 1932 |
| Casale beat Bari 5-1 (H) on 23 Oct 1932 |
| Bari beat Genova 1893 4-2 (H) on 4 Dec 1932 |
| Genova 1893 beat Bologna 1-0 (H) on 16 Oct 1932 |
HWC: Thick arrows show the earliest chain of wins that passes through every team and returns to its start.