| 1. Round | 17/09/1991 | Slovan Bratislava | - | Real Madrid | 1:2 | ||||
| 1. Round | 02/10/1991 | Real Madrid | - | Slovan Bratislava | 1:1 | ||||
| 2. Round | 23/10/1991 | FC Utrecht | - | Real Madrid | 1:3 | ||||
| 2. Round | 05/11/1991 | Real Madrid | - | FC Utrecht | 1:0 |  |
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| Round of 16 | 26/11/1991 | Neuchâtel Xamax FC | - | Real Madrid | 1:0 | ||||
| Round of 16 | 10/12/1991 | Real Madrid | - | Neuchâtel Xamax FC | 4:0 | |
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| Quarter-finals | 03/03/1992 | SK Sigma MŽ Olomouc | - | Real Madrid | 1:1 | ||||
| Quarter-finals | 17/03/1992 | Real Madrid | - | SK Sigma MŽ Olomouc | 1:0 | ||||
| Semi-finals | 31/03/1992 | Real Madrid | - | Torino FC | 2:1 | |
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| Semi-finals | 14/04/1992 | Torino FC | - | Real Madrid | 2:0 |
Romania
Turkey 