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| 1st(1st leg) | KÍ Klaksvík | - | Skonto FC | 1:3 (0:1) | ||
| 2nd (2nd leg) | Skonto FC | - | KÍ Klaksvík | 3:0 (2:0) | ||
| 1st(1st leg): 19/08/1992 | 2nd (2nd leg): 02/09/1992 | Winner: Skonto FC | ||||
| 1st(1st leg) | Olimpija Ljubljana | - | Norma Tallinn | 3:0 (0:0) | ||
| 2nd (2nd leg) | Norma Tallinn | - | Olimpija Ljubljana | 0:2 (0:1) | ||
| 1st(1st leg): 19/08/1992 | 2nd (2nd leg): 02/09/1992 | Winner: Olimpija Ljubljana | ||||
| 1st(1st leg) | Shelbourne FC | - | Tavriya Simferopol (1958-2014) | 0:0 (0:0) | ||
| 2nd (2nd leg) | Tavriya Simferopol (1958-2014) | - | Shelbourne FC | 2:1 (2:1) | ||
| 1st(1st leg): 19/08/1992 | 2nd (2nd leg): 02/09/1992 | Winner: Tavriya Simferopol (1958-2014) | ||||
| 1st(1st leg) | Valletta FC | - | Maccabi Tel Aviv | 1:2 (0:0) | ||
| 2nd (2nd leg) | Maccabi Tel Aviv | - | Valletta FC | 1:0 (1:0) | ||
| 1st(1st leg): 19/08/1992 | 2nd (2nd leg): 02/09/1992 | Winner: Maccabi Tel Aviv | ||||
