| 1. Round | 22/11/1931 | Real Madrid | - | Athletic Club | 1:1 | ||||
| 2. Round | 29/11/1931 | Athletic Club | - | CD Alavés | 3:2 | ||||
| 3. Round | 20/12/1931 | Real Unión | - | Athletic Club | 1:5 | ||||
| 4. Round | 27/12/1931 | Athletic Club | - | FC Barcelona | 3:0 | ||||
| 5. Round | 03/01/1932 | Valencia CF | - | Athletic Club | 0:0 | ||||
| 6. Round | 10/01/1932 | Athletic Club | - | Donostia FC | 5:1 |  |
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| 7. Round | 17/01/1932 | Espanyol Barcelona | - | Athletic Club | 1:0 | ||||
| 10. Round | 07/02/1932 | Athletic Club | - | Real Madrid | 3:3 | ||||
| 11. Round | 14/02/1932 | CD Alavés | - | Athletic Club | 0:1 | ||||
| 12. Round | 21/02/1932 | Athletic Club | - | Real Unión | 2:1 | ||||
| 13. Round | 28/02/1932 | FC Barcelona | - | Athletic Club | 1:3 | ||||
| 14. Round | 06/03/1932 | Athletic Club | - | Valencia CF | 7:2 | ||||
| 15. Round | 13/03/1932 | Donostia FC | - | Athletic Club | 3:2 | ||||
| 16. Round | 20/03/1932 | Athletic Club | - | Espanyol Barcelona | 4:0 | ||||
| 17. Round | 27/03/1932 | Arenas de Getxo | - | Athletic Club | 2:1 | ||||
| 18. Round | 03/04/1932 | Racing Santander | - | Athletic Club | 2:0 |
Spain