 |
 |
|
|
| 1st(1st leg) | São Paulo FC | - | Barcelona | 3:0 (3:0) | ||
| 2nd (2nd leg) | Barcelona | - | São Paulo FC | 2:0 (0:0) | ||
| 1st(1st leg): 27/05/1992 | 2nd (2nd leg): 03/06/1992 | Winner: São Paulo FC | ||||
| 1st(1st leg) | Newell's Old Boys | - | América de Cali | 1:1 (0:1) | ||
| 2nd (2nd leg) | América de Cali | - | Newell's Old Boys | 10:11 (0:1, 1:1, 1:1) pso | ||
| 1st(1st leg): 27/05/1992 | 2nd (2nd leg): 03/06/1992 | Winner: Newell's Old Boys | ||||
