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| 1st(1st leg) | AEK Athen | - | PSV Eindhoven | 1:0 (0:0) | ||
| 2nd (2nd leg) | PSV Eindhoven | - | AEK Athen | 3:0 (1:0) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: PSV Eindhoven | ||||
| 1st(1st leg) | Club Brugge KV | - | Austria Wien | 2:0 (2:0) | ||
| 2nd (2nd leg) | Austria Wien | - | Club Brugge KV | 3:1 (0:0) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: Club Brugge KV | ||||
| 1st(1st leg) | CSKA Moskva | - | FC Barcelona | 1:1 (1:0) | ||
| 2nd (2nd leg) | FC Barcelona | - | CSKA Moskva | 2:3 (2:1) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: CSKA Moskva | ||||
| 1st(1st leg) | Dinamo Bucureşti | - | Olympique Marseille | 0:0 (0:0) | ||
| 2nd (2nd leg) | Olympique Marseille | - | Dinamo Bucureşti | 2:0 (1:0) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: Olympique Marseille | ||||
| 1st(1st leg) | IFK Göteborg | - | Lech Poznań | 1:0 (0:0) | ||
| 2nd (2nd leg) | Lech Poznań | - | IFK Göteborg | 0:3 (0:1) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: IFK Göteborg | ||||
| 1st(1st leg) | Rangers FC | - | Leeds United | 2:1 (2:1) | ||
| 2nd (2nd leg) | Leeds United | - | Rangers FC | 1:2 (0:1) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: Rangers FC | ||||
| 1st(1st leg) | FC Sion | - | FC Porto | 2:2 (0:0) | ||
| 2nd (2nd leg) | FC Porto | - | FC Sion | 4:0 (0:0) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: FC Porto | ||||
| 1st(1st leg) | Slovan Bratislava | - | AC Milan | 0:1 (0:0) | ||
| 2nd (2nd leg) | AC Milan | - | Slovan Bratislava | 4:0 (2:0) | ||
| 1st(1st leg): 21/10/1992 | 2nd (2nd leg): 04/11/1992 | Winner: AC Milan | ||||
