There were only four entrants and Frenchman Émile Poilvé retired after his first-round loss, leaving German Jean Földeak, Sweden’s Axel Cadier, and Finland’s Väinö Kokkinen, gold medalist in Amsterdam, to contest the medals. Kokkinen won all three of his matches to defend his gold medal, defeating Cadier in the final match, with Földeak taking the bronze.
Kokkinen would compete again at the 1936 Olympics but did not make the podium. Poilvé, however, would return at Berlin and win the gold medal in freestyle middleweight. Földeak was better known as a freestyler, winning European titles in that style in 1931, 1933, and 1934. Although he competed in freestyle at Los Angeles, he failed to medal. Cadier was a newcomer in 1932 but won Olympic gold at Berlin as a light-heavyweight. He would also win four European titles, three in Greco and one in freestyle, between 1933-38.