The 1991–92 FIBA Women's European Champions Cup was the 34th edition of the competition. It was won by Popular Basquet Godella, today known as Ciudad Ros Casares Valencia, beating Dynamo Kyiv (representing the CIS following the breakup of the Soviet Union) in the final.[1] Godella became the first Spanish team to win the competition.[2]
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| width=15 | width=220 | Team | width=20 | Pld | width=20 | W | width=20 | L | width=30 | PF | width=30 | PA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. |  Dorna Godella | 10 | 10 | 0 | 806 | 693 | |||||||
| 2. | Dynamo Kyiv Aspro | 10 | 6 | 4 | 781 | 768 | |||||||
| 3. |  Ginnastica Comense | 10 | 5 | 5 | 731 | 699 | |||||||
| 4. | Sporting Athens | 10 | 5 | 5 | 718 | 781 | |||||||
| 5. |  Challes Savoie Basket | 10 | 4 | 6 | 629 | 698 | |||||||
| 6. |  Sparbanken Arvika Basket | 10 | 0 | 10 | 729 | 853 |