| Tournament details | |
|---|---|
| Dates | 21 August 1991 – 6 May 1992 | 
| Teams | 34 | 
| Final positions | |
| Champions | |
| Runners-up | |
| Tournament statistics | |
| Matches played | 65 | 
| Goals scored | 166 (2.55 per match) | 
| Attendance | 1,049,884 (16,152 per match) | 
| Top scorer(s) | Péter Lipcsei (Ferencváros) 6 goals  | 
The 1991–92 season of the European Cup Winners' Cup was won by Werder Bremen in the final against Monaco. Both were first-time finalists in the competition.
Defending champions Manchester United were eliminated by Atlético Madrid in the second round.
Teams
A total of 34 teams participated in the competition.
| First round | |||
|---|---|---|---|
| Qualifying round | |||
Notes
- ^ Germany (GER): The original slot allocation of the former West/East Germany still applied. Werder Bremen qualified as winners of the 1990–91 DFB-Pokal, while Stahl Eisenhüttenstadt qualified as runners-up of the 1990–91 NOFV-Pokal (as Hansa Rostock won the double and qualified for the European Cup). Due to the reunification of Germany in October 1990, all flags show Germany instead of West/East Germany. However, Stahl Eisenhüttenstadt matches and their records were still counted for East Germany, and not for Germany, under UEFA regulations.
 
Qualifying round
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Stockerau  | 
0–2 | 0–1 | 0–1 | |
| Galway United  | 
0–7 | 0–3 | 0–4 | 
First leg
| Stockerau  | 0–1 | |
|---|---|---|
| Report | Durie  | 
| Galway United  | 0–3 | |
|---|---|---|
| Report | Donnerup  Nedergaard Elstrup  | 
Second leg
| Odense  | 4–0 | |
|---|---|---|
| Nedergaard  Hansen Harder Thorup  | 
Report | 
Odense won 7–0 on aggregate.
| Tottenham Hotspur  | 1–0 | |
|---|---|---|
| Mabbutt  | 
Report | 
Tottenham Hotspur won 2–0 on aggregate.
First round
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Fyllingen  | 
2–8 | 0–1 | 2–7 | |
| Athinaikos  | 
0–2 | 0–0 | 0–2 (aet) | |
| GKS Katowice  | 
3–3 (a) | 2–0 | 1–3 | |
| Omonia  | 
0–4 | 0–2 | 0–2 | |
| Bacău  | 
0–11 | 0–6 | 0–5 | |
| Levski Sofia  | 
3–7 | 2–3 | 1–4 | |
| Stahl Eisenhüttenstadt  | 
1–5 | 1–2 | 0–3 | |
| Odense  | 
1–4 | 0–2 | 1–2 | |
| Glenavon  | 
4–4 (a) | 3–2 | 1–2 | |
| CSKA Moscow  | 
2–2 (a) | 1–2 | 1–0 | |
| Norrköping  | 
6–1 | 4–0 | 2–1 | |
| Swansea City  | 
1–10 | 1–2 | 0–8 | |
| Valur  | 
1–2 | 0–1 | 1–1 | |
| Partizani Tirana  | 
0–1 | 0–0 | 0–1 | |
| Hajduk Split  | 
1–2 | 1–0 | 0–2 | |
| Valletta  | 
0–4 | 0–3 | 0–1 | 
First leg
| Glenavon  | 3–2 | |
|---|---|---|
| Ferguson  McBride Conville  | 
Report | J. Aaltonen  Dziadulewicz  | 
| Swansea City  | 1–2 | |
|---|---|---|
| Legg  | 
Report | Passi  Rui Barros  | 
| Hajduk Split  | 1–0 | |
|---|---|---|
| Novaković  | 
Report | 
- ↑ Match was played in Austria since UEFA suspended Yugoslav teams from playing their home matches in Yugoslavia due to the deteriorating security situation in the country caused by the ethnic incidents that eventually turned into the Yugoslav Wars.
 
| Fyllingen  | 0–1 | |
|---|---|---|
| Report | Manolo  | 
| GKS Katowice  | 2–0 | |
|---|---|---|
| Szewczyk  Wolny  | 
Report | 
| Omonia  | 0–2 | |
|---|---|---|
| Report | Dziubiński  Booy  | 
| Levski Sofia  | 2–3 | |
|---|---|---|
| Dartilov  Bankov  | 
Report | Deszatnik  Lipcsei  | 
| Stahl Eisenhüttenstadt  | 1–2 | |
|---|---|---|
| F. Bartz  | 
Report | Kosecki  Keser  | 
| Odense  | 0–2 | |
|---|---|---|
| Report | Škarabela  Časko  | 
| CSKA Moscow  | 1–2 | |
|---|---|---|
| Sergeyev  | 
Report | Fokin  Rizzitelli  | 
| Norrköping  | 4–0 | |
|---|---|---|
| Karlsson  J. Eriksson Hellström Vaattovaara  | 
Report | 
Second leg
Werder Bremen won 11–0 on aggregate.
| Monaco  | 8–0 | |
|---|---|---|
| Weah  Fofana Rui Barros Passi Harris Djorkaeff  | 
Report | 
Monaco won 10–1 on aggregate.
| Atlético Madrid  | 7–2 | |
|---|---|---|
| Schuster  Manolo Soler Futre  | 
Report | Tengs  | 
Atlético Madrid won 8–2 on aggregate.
| Manchester United  | 2–0 (a.e.t.) | |
|---|---|---|
| Hughes  McClair  | 
Report | 
Manchester United won 2–0 on aggregate.
| Motherwell  | 3–1 | |
|---|---|---|
| Kirk  Cusack  | 
Report | Rzeźniczek  | 
3–3 on aggregate; GKS Katowice won on away goals.
| Club Brugge  | 2–0 | |
|---|---|---|
| Booy  Van der Heyden  | 
Report | 
Club Brugge won 4–0 on aggregate.
| Ferencváros  | 4–1 | |
|---|---|---|
| Lipcsei  Albert Deszatnik  | 
Report | Dimitrov  | 
Ferencváros won 7–3 on aggregate.
| Galatasaray  | 3–0 | |
|---|---|---|
| Kosecki  Arif Yücedağ  | 
Report | 
Galatasaray won 5–1 on aggregate.
| Baník Ostrava  | 2–1 | |
|---|---|---|
| Chýlek  Steffensen  | 
Report | Bordinggaard  | 
Baník Ostrava won 4–1 on aggregate.
4–4 on aggregate; Ilves won on away goals.
| Roma  | 0–1 | |
|---|---|---|
| Report | Dmitriyev  | 
2–2 on aggregate; Roma won on away goals.
| Jeunesse Esch  | 1–2 | |
|---|---|---|
| Marinelli  | 
Report | J. Eriksson  Kindvall  | 
Norrköping won 6–1 on aggregate.
Sion won 2–1 on aggregate.
| Feyenoord  | 1–0 | |
|---|---|---|
| Bosz  | 
Report | 
Feyenoord won 1–0 on aggregate.
| Tottenham Hotspur  | 2–0 | |
|---|---|---|
| Tuttle  Durie  | 
Report | 
Tottenham Hotspur won 2–1 on aggregate.
Porto won 4–0 on aggregate.
Second round
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Atlético Madrid  | 
4–1 | 3–0 | 1–1 | |
| GKS Katowice  | 
0–4 | 0–1 | 0–3 | |
| Werder Bremen  | 
4–2 | 3–2 | 1–0 | |
| Galatasaray  | 
2–2 (a) | 0–1 | 2–1 | |
| Ilves  | 
3–6 | 1–1 | 2–5 | |
| Norrköping  | 
1–3 | 1–2 | 0–1 | |
| Sion  | 
0–0 (3–5 p) | 0–0 | 0–0 (aet) | |
| Tottenham Hotspur  | 
3–1 | 3–1 | 0–0 | 
First leg
| Atlético Madrid  | 3–0 | |
|---|---|---|
| Futre  Manolo  | 
Report | 
| GKS Katowice  | 0–1 | |
|---|---|---|
| Report | Staelens  | 
| Werder Bremen  | 3–2 | |
|---|---|---|
| Neubarth  Allofs  | 
Report | Lipcsei  | 
| Galatasaray  | 0–1 | |
|---|---|---|
| Report | Ollender  | 
| Tottenham Hotspur  | 3–1 | |
|---|---|---|
| Lineker  Durie  | 
Report | Kostadinov  | 
Second leg
| Monaco  | 1–0 | |
|---|---|---|
| Robert  | 
Report | 
Monaco won 3–1 on aggregate.
| Manchester United  | 1–1 | |
|---|---|---|
| Hughes  | 
Report | Schuster  | 
Atlético Madrid won 4–1 on aggregate.
| Club Brugge  | 3–0 | |
|---|---|---|
| Verspaille  Staelens Schaessens  | 
Report | 
Club Brugge won 4–0 on aggregate.
| Ferencváros  | 0–1 | |
|---|---|---|
| Report | Bode  | 
Werder Bremen won 4–2 on aggregate.
| Baník Ostrava  | 1–2 | |
|---|---|---|
| Ollender  | 
Report | Yusuf  Kosecki  | 
2–2 on aggregate; Galatasaray won on away goals.
Roma won 6–3 on aggregate.
| Feyenoord  | 0–0 (a.e.t.) | |
|---|---|---|
| Report | ||
| Penalties | ||
| Metgod  Sabău Fraser De Wolf Bosz  | 
5–3 | |
0–0 on aggregate; Feyenoord won 5–3 on penalties.
Tottenham Hotspur won 3–1 on aggregate.
Quarter-finals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Atlético Madrid  | 
4–4 (a) | 3–2 | 1–2 | |
| Werder Bremen  | 
2–1 | 2–1 | 0–0 | |
| Roma  | 
0–1 | 0–0 | 0–1 | |
| Feyenoord  | 
1–0 | 1–0 | 0–0 | 
First leg
| Atlético Madrid  | 3–2 | |
|---|---|---|
| Schuster  Toni Futre  | 
Report | Verspaille  Beyens  | 
| Werder Bremen  | 2–1 | |
|---|---|---|
| Kohn  Bester  | 
Report | Kosecki  | 
| Feyenoord  | 1–0 | |
|---|---|---|
| Kiprich  | 
Report | 
Second leg
| Club Brugge  | 2–1 | |
|---|---|---|
| Querter  Booy  | 
Report | Futre  | 
4–4 on aggregate. Club Brugge won on away goals.
Werder Bremen won 2–1 on aggregate.
| Monaco  | 1–0 | |
|---|---|---|
| Rui Barros  | 
Report | 
Monaco won 1–0 on aggregate.
Feyenoord won 1–0 on aggregate.
Semi-finals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Club Brugge  | 
1–2 | 1–0 | 0–2 | |
| Monaco  | 
3–3 (a) | 1–1 | 2–2 | 
First leg
| Club Brugge  | 1–0 | |
|---|---|---|
| Amokachi  | 
Report | 
Second leg
| Werder Bremen  | 2–0 | |
|---|---|---|
| Bode  Bockenfeld  | 
Report | 
Werder Bremen won 2–1 on aggregate.
3–3 on aggregate. Monaco won on away goals.
Final
| Werder Bremen  | 2–0 | |
|---|---|---|
| Allofs  Rufer  | 
Report | 
Top scorers
The top scorers from the 1991–92 UEFA Cup Winners' Cup are as follows:
| Rank | Name | Team | Goals | 
|---|---|---|---|
| 1 | 6 | ||
| 2 | 5 | ||
| 5 | |||
| 4 | 4 | ||
| 4 | |||
| 4 | |||
| 4 | |||
| 4 | |||
| 9 | 3 | ||
| 3 | |||
| 3 | |||
| 3 | |||
| 3 | |||
| 3 | |||
| 3 | |||
| 3 |