Group 1
18/02/1992 Colo-Colo - Coquimbo Unido 1:0 (0:0)
21/02/1992 Colo-Colo - Universidad Católica 1:1 (0:0)
26/02/1992 Coquimbo Unido - Universidad Católica 3:2 (2:0)
Newell's Old Boys - San Lorenzo 0:6 (0:2)
03/03/1992 Newell's Old Boys - Coquimbo Unido 3:0 (1:0)
San Lorenzo - Colo-Colo 1:0 (1:0)
06/03/1992 Newell's Old Boys - Colo-Colo 3:1 (3:1)
San Lorenzo - Coquimbo Unido 3:0 (0:0)
09/03/1992 Universidad Católica - Newell's Old Boys 1:1 (0:0)
13/03/1992 Universidad Católica - San Lorenzo 4:0 (2:0)
17/03/1992 Coquimbo Unido - Colo-Colo 1:1 (0:1)
20/03/1992 Universidad Católica - Colo-Colo 0:0 (0:0)
25/03/1992 Universidad Católica - Coquimbo Unido 5:1 (1:0)
San Lorenzo - Newell's Old Boys 0:1 (0:1)
31/03/1992 Coquimbo Unido - Newell's Old Boys 1:2 (1:0)
Colo-Colo - San Lorenzo 1:0 (0:0)
03/04/1992 Coquimbo Unido - San Lorenzo 0:1 (0:0)
Colo-Colo - Newell's Old Boys 1:1 (1:0)
07/04/1992 San Lorenzo - Universidad Católica 2:2 (2:0)
10/04/1992 Newell's Old Boys - Universidad Católica 0:0 (0:0)
Group 2
06/03/1992 Criciúma - SC - São Paulo FC 3:0 (1:0)
08/03/1992 Bolívar - San José 2:1 (1:0)
17/03/1992 San José - São Paulo FC 0:3 (0:1)
20/03/1992 Bolívar - São Paulo FC 1:1 (1:0)
24/03/1992 San José - Criciúma - SC 1:2 (0:0)
27/03/1992 Bolívar - Criciúma - SC 1:1 (0:0)
01/04/1992 São Paulo FC - Criciúma - SC 4:0 (2:0)
02/04/1992 San José - Bolívar 2:4 (0:1)
07/04/1992 São Paulo FC - San José 1:1 (1:0)
10/04/1992 Criciúma - SC - San José 5:0 (3:0)
14/04/1992 São Paulo FC - Bolívar 2:0 (1:0)
18/04/1992 Criciúma - SC - Bolívar 2:1 (1:0)
Group 3
23/02/1992 Barcelona - Valdez 0:0 (0:0)
CS Marítimo - ULA Mérida 1:2 (1:1)
11/03/1992 ULA Mérida - Valdez 0:2 (0:1)
15/03/1992 CS Marítimo - Valdez 1:0 (0:0)
18/03/1992 CS Marítimo - Barcelona 1:1 (0:1)
22/03/1992 ULA Mérida - Barcelona 0:1 (0:0)
29/03/1992 Valdez - Barcelona 0:1 (0:1)
ULA Mérida - CS Marítimo 0:0 (0:0)
01/04/1992 Valdez - CS Marítimo 2:1 (1:0)
03/04/1992 Barcelona - CS Marítimo 3:1 (2:0)
07/04/1992 Valdez - ULA Mérida 1:1 (0:1)
10/04/1992 Barcelona - ULA Mérida 5:1 (3:0)
Group 4
26/02/1992 América de Cali - Atlético Nacional 2:0 (1:0)
Sporting Cristal - Sport Boys 1:1 (0:0)
10/03/1992 América de Cali - Sport Boys 2:0 (0:0)
13/03/1992 Atlético Nacional - Sport Boys 2:2 (1:1)
17/03/1992 América de Cali - Sporting Cristal 1:0 (1:0)
20/03/1992 Atlético Nacional - Sporting Cristal 1:0 (0:0)
25/03/1992 Atlético Nacional - América de Cali 3:0 (0:0)
Sport Boys - Sporting Cristal 0:2 (0:1)
31/03/1992 Sport Boys - América de Cali 1:2 (0:0)
03/04/1992 Sporting Cristal - América de Cali 3:1 (1:1)
07/04/1992 Sport Boys - Atlético Nacional 0:6 (0:2)
10/04/1992 Sporting Cristal - Atlético Nacional 0:3 (0:1)
Group 5
04/03/1992 Sol de América - Cerro Porteño 0:2 (0:1)
Defensor Sporting - Nacional 0:1 (0:1)
10/03/1992 Defensor Sporting - Cerro Porteño 2:3 (1:1)
13/03/1992 Nacional - Cerro Porteño 0:0 (0:0)
18/03/1992 Nacional - Sol de América 2:2 (1:1)
21/03/1992 Defensor Sporting - Sol de América 1:2 (1:1)
25/03/1992 Cerro Porteño - Sol de América 2:0 (0:0)
Nacional - Defensor Sporting 2:3 (0:1)
31/03/1992 Sol de América - Nacional 1:3 (0:2)
01/04/1992 Cerro Porteño - Defensor Sporting 1:1 (1:0)
08/04/1992 Cerro Porteño - Nacional 1:1 (1:0)
09/04/1992 Sol de América - Defensor Sporting 0:0 (0:0)
Decider 1. Round
22/04/1992 CS Marítimo - ULA Mérida 2:2 (0:1)
Round of 16
28/04/1992 Universidad Católica - América de Cali 0:0 (0:0)
Nacional - São Paulo FC 0:1 (0:1)
29/04/1992 CS Marítimo - Atlético Nacional 0:0 (0:0)
Defensor Sporting - Newell's Old Boys 1:1 (0:0)
San Lorenzo - Valdez 2:0 (0:0)
Bolívar - Cerro Porteño 2:0 (1:0)
30/04/1992 Sporting Cristal - Criciúma - SC 1:2 (0:0)
Colo-Colo - Barcelona 1:0 (0:0)
04/05/1992 Criciúma - SC - Sporting Cristal 3:2 (1:2)
05/05/1992 América de Cali - Universidad Católica 1:0 (0:0)
Valdez - San Lorenzo 5:6 (2:0, 2:0, 2:0) pso
06/05/1992 São Paulo FC - Nacional 2:0 (1:0)
Atlético Nacional - CS Marítimo 3:0 (2:0)
Newell's Old Boys - Defensor Sporting 1:0 (0:0)
Cerro Porteño - Bolívar 3:0 (3:0)
Barcelona - Colo-Colo 2:0 (0:0)
Quarter-finals
13/05/1992 Newell's Old Boys - San Lorenzo 4:0 (1:0)
Atlético Nacional - América de Cali 0:1 (0:0)
Barcelona - Cerro Porteño 1:1 (0:1)
São Paulo FC - Criciúma - SC 1:0 (0:0)
20/05/1992 San Lorenzo - Newell's Old Boys 1:1 (0:0)
América de Cali - Atlético Nacional 4:2 (1:0)
Cerro Porteño - Barcelona 3:4 (0:0, 1:1, 1:1) pso
Criciúma - SC - São Paulo FC 1:1 (1:0)
Semi-finals
27/05/1992 São Paulo FC - Barcelona 3:0 (3:0)
Newell's Old Boys - América de Cali 1:1 (0:1)
03/06/1992 Barcelona - São Paulo FC 2:0 (0:0)
América de Cali - Newell's Old Boys 10:11 (0:1, 1:1, 1:1) pso
Final
10/06/1992 Newell's Old Boys - São Paulo FC 1:0 (1:0)
17/06/1992 São Paulo FC - Newell's Old Boys 3:2 (0:0, 1:0, 1:0) pso