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| 1st(1st leg) | AIK Solna | - | Aarhus GF | 3:3 (0:2) | ||
| 2nd (2nd leg) | Aarhus GF | - | AIK Solna | 1:1 (0:1) | ||
| 1st(1st leg): 15/09/1992 | 2nd (2nd leg): 29/09/1992 | Winner: Aarhus GF | ||||
| 1st(1st leg) | Airdrieonians FC (old) | - | AC Sparta Praha | 0:1 (0:0) | ||
| 2nd (2nd leg) | AC Sparta Praha | - | Airdrieonians FC (old) | 2:1 (2:0) | ||
| 1st(1st leg): 15/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: AC Sparta Praha | ||||
| 1st(1st leg) | Glenavon FC | - | Royal Antwerp FC | 1:1 (1:0) | ||
| 2nd (2nd leg) | Royal Antwerp FC | - | Glenavon FC | 3:1 (0:0, 1:1, 1:1) pso | ||
| 1st(1st leg): 15/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: Royal Antwerp FC | ||||
| 1st(1st leg) | Werder Bremen | - | Hannover 96 | 3:1 (3:1) | ||
| 2nd (2nd leg) | Hannover 96 | - | Werder Bremen | 2:1 (2:1) | ||
| 1st(1st leg): 15/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: Werder Bremen | ||||
| 1st(1st leg) | Cardiff City | - | Admira/Wacker | 1:1 (0:1) | ||
| 2nd (2nd leg) | Admira/Wacker | - | Cardiff City | 2:0 (0:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 29/09/1992 | Winner: Admira/Wacker | ||||
| 1st(1st leg) | Liverpool FC | - | Apollon Limassol | 6:1 (3:0) | ||
| 2nd (2nd leg) | Apollon Limassol | - | Liverpool FC | 1:2 (0:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 29/09/1992 | Winner: Liverpool FC | ||||
| 1st(1st leg) | Bohemian FC | - | CSA Steaua București | 0:0 (0:0) | ||
| 2nd (2nd leg) | CSA Steaua București | - | Bohemian FC | 4:0 (3:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 29/09/1992 | Winner: CSA Steaua București | ||||
| 1st(1st leg) | NK Branik Maribor | - | Atlético Madrid | 0:3 (0:2) | ||
| 2nd (2nd leg) | Atlético Madrid | - | NK Branik Maribor | 6:1 (2:1) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: Atlético Madrid | ||||
| 1st(1st leg) | Feyenoord | - | Hapoel Petach-Tikva | 1:0 (0:0) | ||
| 2nd (2nd leg) | Hapoel Petach-Tikva | - | Feyenoord | 2:1 (1:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: Feyenoord | ||||
| 1st(1st leg) | Levski Sofia | - | FC Luzern | 2:1 (0:1) | ||
| 2nd (2nd leg) | FC Luzern | - | Levski Sofia | 1:0 (1:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: FC Luzern | ||||
| 1st(1st leg) | Miedź Legnica | - | AS Monaco | 0:1 (0:1) | ||
| 2nd (2nd leg) | AS Monaco | - | Miedź Legnica | 0:0 (0:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: AS Monaco | ||||
| 1st(1st leg) | Spartak Moskva | - | Avenir Beggen | 0:0 (0:0) | ||
| 2nd (2nd leg) | Avenir Beggen | - | Spartak Moskva | 1:5 (0:2) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: Spartak Moskva | ||||
| 1st(1st leg) | Trabzonspor | - | TPS Turku | 2:0 (0:0) | ||
| 2nd (2nd leg) | TPS Turku | - | Trabzonspor | 2:2 (1:1) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 30/09/1992 | Winner: Trabzonspor | ||||
| 1st(1st leg) | Parma AC | - | Újpesti TE | 1:0 (0:0) | ||
| 2nd (2nd leg) | Újpesti TE | - | Parma AC | 1:1 (0:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 01/10/1992 | Winner: Parma AC | ||||
| 1st(1st leg) | Olympiakos Piraeus | - | Chernomorets Odessa | 0:1 (0:1) | ||
| 2nd (2nd leg) | Chernomorets Odessa | - | Olympiakos Piraeus | 0:3 (0:2) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 01/10/1992 | Winner: Olympiakos Piraeus | ||||
| 1st(1st leg) | Valur Reykjavík | - | Boavista | 0:0 (0:0) | ||
| 2nd (2nd leg) | Boavista | - | Valur Reykjavík | 3:0 (2:0) | ||
| 1st(1st leg): 16/09/1992 | 2nd (2nd leg): 01/10/1992 | Winner: Boavista | ||||
