Sunderland will be looking for a better result than the last time they played Pompey
But who will likely line up for the each side and how do they compare on current form? We ran through each XI, player by player, to take a closer look.
Pompey's keeper has been consistent in his first season as a number one. McLaughlin has been outstanding, a genuine matchwinner time and time again,.
A contract impasse has not distracted Thompson, a defender rated highly for his strength one on one. O'Nien has been exceptional in attack and defence of late.
Sign up to our daily newsletter
The i newsletter cut through the noise
Named in the team of the season, Clarke is an exceptional ball-playing defender. Flanagan has been his team's most consistent centre-back in a new role at the heart of a back four.
Baldwin is back in form after a short spell out of the side, while Burgess has stepped in admirably since an injury to key player Jack Whatmough. Has had an excellent Checkatrade campaign.
Two players have been a model of consistency since joining on free transfers in the summer. Rarely beaten at the back and decent going forward.
Leadbitter has been superb since his January arrival, particularly deadly from set plays. Sunderland were keen on Naylor at one stage last summer and he has shown why, excellent at breaking up the play and shielding the defence.
Close has been excellent since the departure of Ben Thompson in January. A tidy passes who is in eye-catching goalscoring form. Cattermole will make his first tournament appearance and is playing superbly.
Lowe's end product has been up there with the best and after a short dip he is excelling again. Morgan is improving all the time and has real matchwinning ability.
Honeyman should be fresh after a short spell out while Pitman is a proven goalscorer who is thriving since dropping into a deeper role. A real threat for Pompey.
McGeady has been Sunderland's most consistent and decisive attacking player, a talisman who will surely thrive on the big occasion. The rise of Curtis has been meteoric but is touch and go for the final after a freak finger injury.
Grigg is a crucial player for Sunderland but is the major injury scare ahead of the final. Bogle has proven to be a very canny addition since arriving on loan at January and has helped Portsmouth get back to their best.
Our ratings have Sunderland with a slight edge, averaging 7.9 to Pompey's 7.8 The two teams are close in the table and before a red card before Christmas there was little between he two teams. It looks set to be a close and tense final.
Ross had a gameplan that was working well at Fratton Park before a red card changed the game. Jackett has come through a slump at the turn of the year to get his side back on track.