| Owner: | Jesus Gil y Gil |
| Club: | Atletico Madrid |
| Season: | 1991-1992 |
| Manager: | Luis Aragones |
| Chairman: | Jesus Gil |
| Chrtitle: | President |
| Mgrtitle: | Head coach |
| Stadium: | Vicente Calderon |
| League: | La Liga |
| Cup1: | Copa del Rey |
| Cup1 Result: | Winners (In 1992-93 European Cup Winners' Cup) |
| Cup2: | European Cup Winners' Cup |
| Cup2 Result: | Quarterfinals |
| Cup3: | Supercopa de España |
| Cup3 Result: | Runners-up |
| League Topscorer: | Manolo (27 goals) |
| Season Topscorer: | Manolo (36 goals) |
| Pattern La1: | _red_stripes |
| Pattern B1: | _atm8394h |
| Pattern Ra1: | _red_stripes |
| Pattern So1: | _whitetopl |
| Leftarm1: | FFFFFF |
| Body1: | FFFFFF |
| Rightarm1: | FFFFFF |
| Shorts1: | 000099 |
| Socks1: | FF0000 |
| Pattern B2: | _atm8394a |
| Leftarm2: | FF0000 |
| Body2: | FF0000 |
| Rightarm2: | FF0000 |
| Shorts2: | 000099 |
| Socks2: | 000099 |
| Prevseason: | 1990–91 |
| Nextseason: | 1992–93 |
The 1991–92 season was Atlético Madrid's 61st season since foundation in 1903 and the club's 57th season in La Liga, the top league of Spanish football. Atlético competed in La Liga, the Supercopa de España, the Copa del Rey, and the European Cup Winners' Cup.
The club reached a decent 3rd place in League and clinched the Copa del Rey defeating archrivals Real Madrid in the Final.
| In | |||||||
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| width=3% | Pos. | width=32% | Name | width=30% | from | width=35% | Type |
| GK | loan ended | ||||||
| DF | |||||||
| MF | |||||||
| FW | |||||||
| Out | |||||||
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| width=3% | Pos. | width=32% | Name | width=30% | To | width=35% | Type |
| MF | - | ||||||
| Out | |||||||
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| width=3% | Pos. | width=32% | Name | width=30% | To | width=35% | Type |
| MF | loan | ||||||
| FW | |||||||
See main article: 1991-92 La Liga.
See main article: 1991-92 Copa del Rey.
See main article: 1992 Copa del Rey Final.
See main article: 1991-92 European Cup Winners' Cup.
See main article: 1991 Supercopa de España.
| Competition | Points | Total | GD | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 53 | 38 | 24 | 5 | 9 | 67 | 35 | +32 | ||
| Copa del Rey | - | 7 | 5 | 1 | 1 | 14 | 2 | +12 | |
| UEFA Cup Winners' Cup | - | 6 | 4 | 1 | 1 | 16 | 7 | +9 | |
| 1991 Supercopa de España | - | 2 | 0 | 1 | 1 | 1 | 2 | -1 | |
| Copa Iberica | - | 2 | 1 | 1 | 0 | 4 | 3 | +1 | |
| Totale | 53 | 55 | 34 | 9 | 12 | 102 | 49 | +53 | |
| width=60 | Rank | width=60 | Position | width=150 | Player | width=80 | La Liga | width=80 | Copa del Rey | width=80 | Supercopa de España | width=80 | European Cup Winners' Cup | width=80 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | FW |  Manolo | 27 | 4 | 0 | 5 | 36 | ||||||||
| 2 | MF | Paulo Futre | 6 | 5 | 0 | 5 | 16 | ||||||||
| 3 | MF | Bernd Schuster | 6 | 2 | 0 | 4 | 12 | ||||||||
| 4 | MF | Juan Vizcaíno | 9 | 1 | 0 | 0 | 10 | ||||||||
| 5 | FW | Gabriel Moya | 5 | 1 | 0 | 0 | 6 | ||||||||
| 6 | DF | Carlos Aguilera | 3 | 0 | 0 | 0 | 3 | ||||||||
| FW | Juan Sabas | 3 | 0 | 0 | 0 | 3 | |||||||||
| 8 | DF | Juanito | 2 | 0 | 0 | 0 | 2 | ||||||||
| DF | Toni Muñoz | 0 | 1 | 0 | 1 | 2 | |||||||||
| DF | Miquel Soler | 1 | 0 | 0 | 1 | 2 | |||||||||
| 11 | DF |  Donato | 1 | 0 | 0 | 0 | 1 | ||||||||
| DF | Patxi Ferreira | 1 | 0 | 0 | 0 | 1 | |||||||||
| DF | Alfredo | 0 | 0 | 1 | 0 | 1 | |||||||||
| FW | Sebastián Losada | 1 | 0 | 0 | 0 | 1 | |||||||||
| FW | Manuel Alfaro | 1 | 0 | 0 | 0 | 1 | |||||||||
| Own goals | 1 | 0 | 0 | 0 | 1 | ||||||||||
| Totals | 67 | 14 | 1 | 16 | 98 | ||||||||||