| Group 2 | 05/03/1992 | Criciúma - SC | - | São Paulo FC | 3:0 |  |
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| Group 2 | 23/03/1992 | Club San José | - | Criciúma - SC | 1:2 | |
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| Group 2 | 26/03/1992 | Bolívar | - | Criciúma - SC | 1:1 | ||||
| Group 2 | 31/03/1992 | São Paulo FC | - | Criciúma - SC | 4:0 | ||||
| Group 2 | 17/04/1992 | Criciúma - SC | - | Bolívar | 2:1 | ||||
| Round of 16 | 29/04/1992 | Sporting Cristal | - | Criciúma - SC | 1:2 | ||||
| Round of 16 | 03/05/1992 | Criciúma - SC | - | Sporting Cristal | 3:2 | |
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| Quarter-finals | 12/05/1992 | São Paulo FC | - | Criciúma - SC | 1:0 | ||||
| Quarter-finals | 19/05/1992 | Criciúma - SC | - | São Paulo FC | 1:1 |
Brazil