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| I | Aarhus GF | - | CSA Steaua București | 3:2 (2:0) | ||
| V | CSA Steaua București | - | Aarhus GF | 2:1 (0:1) | ||
| I: 21.10.1992 | V: 04.11.1992 | Campeones: CSA Steaua București | ||||
| I | Admira/Wacker | - | Royal Antwerp FC | 2:4 (2:1) | ||
| V | Royal Antwerp FC | - | Admira/Wacker | 3:4 (2:0, 2:4) pró. | ||
| I: 21.10.1992 | V: 04.11.1992 | Campeones: Royal Antwerp FC | ||||
| I | FC Luzern | - | Feyenoord | 1:0 (0:0) | ||
| V | Feyenoord | - | FC Luzern | 4:1 (2:1) | ||
| I: 21.10.1992 | V: 04.11.1992 | Campeones: Feyenoord | ||||
| I | Mónaco | - | Olympiacos | 0:1 (0:0) | ||
| V | Olympiacos | - | Mónaco | 0:0 (0:0) | ||
| I: 21.10.1992 | V: 04.11.1992 | Campeones: Olympiacos | ||||
| I | Parma AC | - | Boavista | 0:0 (0:0) | ||
| V | Boavista | - | Parma AC | 0:2 (0:1) | ||
| I: 21.10.1992 | V: 04.11.1992 | Campeones: Parma AC | ||||
| I | Trabzonspor | - | Atlético | 0:2 (0:1) | ||
| V | Atlético | - | Trabzonspor | 0:0 (0:0) | ||
| I: 21.10.1992 | V: 04.11.1992 | Campeones: Atlético | ||||
| I | Werder Bremen | - | Sparta Praga | 2:3 (0:2) | ||
| V | Sparta Praga | - | Werder Bremen | 1:0 (1:0) | ||
| I: 21.10.1992 | V: 04.11.1992 | Campeones: Sparta Praga | ||||
| I | Spartak Moskva | - | Liverpool | 4:2 (1:0) | ||
| V | Liverpool | - | Spartak Moskva | 0:2 (0:0) | ||
| I: 22.10.1992 | V: 04.11.1992 | Campeones: Spartak Moskva | ||||
