| Tournament details | |
|---|---|
| Teams | 17 | 
| Final positions | |
| Champions | |
| Runners-up | |
The winners of the 1991–92 Asian Cup Winners' Cup, the association football competition run by the Asian Football Confederation, are listed below.
First round
West Asia
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Sharjah  | 
2–2 (a) | 2–1 | 0–1 | |
| Al Sadd  | 
2–2 (2–4p) | 1–1 | 1–1 | |
| Al Nasr  | 
4–2 | 2–1 | 2–1 | |
| Al Ahli  | 
1–2 | 1–0 | 0–2 | |
| Al Ahli  | 
bye | |||
| Malavan  | 
bye | 
East Asia
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Nissan  | 
6–0 | 6–0 | 0–0 | |
| Pupuk Kaltim  | 
9–01 | 6–0 | 3–0 | |
| Abahani KC  | 
0–1 | 0–0 | 0–1 | |
| Sinugba  | 
bye2 | 
1 Pupuk Kaltim entered as the Indonesian league runners-up for 1990, as the 1990/92 league had not yet finished. 
2 Sinugba were drawn against the South Korean representatives, but the South Korean FA did not send a team.
Second Round (West Asia)
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Al Nasr  | 
2–0 | 2–0 | 0–0 | |
| Al Ramtha  | 
2–1 | 1–0 | 1–1 | |
| Malavan  | 
bye | |||
| Kazma  | 
bye | 
Quarterfinals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Al Ramtha  | 
1–1 (a) | 0–0 | 1–1 | |
| Kazma  | 
1–3 | 0–1 | 1–2 | |
| East Bengal  | 
1–7 | 1–3 | 0–4 | |
| Pupuk Kaltim  | 
w/o1 | 
1 Sinugba withdrew.
Semifinals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Al Ramtha  | 
1–3 | 0–1 | 1–2 | |
| Nissan  | 
2–0 | 2–0 | 0–0 | 
Final
Al Nasr lost 5-0 was the record in the finals of the Asian Cup Winners' Cup
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Al Nasr  | 
1–6 | 1–1 | 0–5 | 
1st leg
| Al Nasr  | 1–1 | |
|---|---|---|
| Walid Al Torayr  | 
Koichi Hashiratani  | 
Referee: Fayez Betar (Syria)
2nd leg
| Nissan  | 5–0 | |
|---|---|---|
| Everton  Carlos Renato Matsuhashi  | 
Nissan fc Stadium
References
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