Wallace was the first player to miss a penalty kick in an FA Cup Final, when he missed the target from the spot in 1913 against Sunderland at London's Crystal Palace. A penalty kick miss would not occur again in FA Cup Final until 1988, when Liverpool player John Aldridge had his penalty saved by Wimbledon goalkeeper Dave Beasant. Villa still went on to win 1–0 in the 1913 FA Cup Final, despite Wallace's penalty miss. Villa's goal that day came from Tommy Barber courtesy of a Wallace assist from a corner kick. Wallace also played in Villa's 1920 FA Cup Final winning side.