| Tourney Name: | UEFA Cup |
| Year: | 1991–92 |
| Dates: | 18 September 1991 – 13 May 1992 |
| Num Teams: | 64 |
| Champion Other: | Ajax |
| Count: | 1 |
| Second Other: | Torino |
| Matches: | 126 |
| Goals: | 304 |
| Attendance: | 1968035 |
| Top Scorer: | Dean Saunders (Liverpool) 9 goals |
| Prevseason: | 1990–91 |
| Nextseason: | 1992–93 |
The 1991–92 UEFA Cup was the 21st season of Europe's then-tertiary club football tournament organised by UEFA. The final was played over two legs at Stadio Delle Alpi, Turin, Italy, and at Olympisch Stadion, Amsterdam, Netherlands. The competition was won by Dutch club Ajax, who defeated Torino of Italy on away goals after an aggregate result of 2–2 to claim their first UEFA Cup title.
The victory made Ajax only the second team – after Torino's city rivals Juventus – to have won all three major European trophies (European Cup/UEFA Champions League, UEFA Cup/UEFA Europa League, and the Cup Winners' Cup). As the only English team in the tournament due to the aftermath of the 5-year ban for the Heysel disaster, and having been excluded for an additional year, Liverpool made its comeback to international competition for the first time since the 1985 European Cup final that sparked the ban.
A total of 64 teams from 32 UEFA member associations participated in the 1991–92 UEFA Cup, all entering from the first round over six knock-out rounds. The association ranking based on the UEFA country coefficients is used to determine the number of participating teams for each association:
For the 1991–92 UEFA Cup, the associations are allocated places according to their 1990 UEFA country coefficients, which takes into account their performance in European competitions from 1985–86 to 1989–90. Despite returning to European competitions the previous season, England's five-year ban was served during the period reflected in the ranking and had no score, so only one English club competed in the UEFA Cup.
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The labels in parentheses show how each team qualified for competition:
The schedule of the competition was as follows. Matches were scheduled primarily for Wednesdays, though some matches took place on Tuesdays or Thursdays.
| First round | 17–19 September 1991 | 1–3 October 1991 | |
| Second round | 22–24 October 1991 | 5–7 November 1991 | |
| Third round | 27 November 1991 | 10–12 December 1991 | |
| Quarter-finals | 4 March 1992 | 18–19 March 1992 | |
| Semi-finals | 1 April 1992 | 15 April 1992 | |
| Final | 29 April 1992 | 13 May 1992 |
|}1 This match was played in Düsseldorf, Germany due to hooliganism in a previous match.2 This match was played in Klagenfurt, Austria due to the outbreak of the Croatian War of Independence.3 This match was played in Istanbul, Turkey due to the deteriorating security situation in Yugoslavia that eventually turned into the Yugoslav Wars.
----Match was played in Austria due to the outbreak of the Croatian War of Independence.----------------------------Because of hooliganism in a previous match, Ajax was ordered to play this match at least 200 km away from Amsterdam.--------------------------------------------------------------------------------------------Match played at Estádio do Bessa instead of their regular stadium Estádio Engenheiro Vidal Pinheiro.
Steaua București won 4–3 on aggregate.----Celtic won 3–1 on aggregate.----Bayern Munich won 3–1 on aggregate.----Eintracht Frankfurt won 11–1 on aggregate.----Torpedo Moscow won 4–2 on aggregate.----Neuchâtel Xamax won 2–0 on aggregate.----Real Madrid won 3–2 on aggregate.----B 1903 won 3–0 on aggregate.----Ajax won 4–0 on aggregate.----Sigma Olomouc won 6–0 on aggregate.----Boavista won 2–1 on aggregate.----Trabzonspor won 4–3 on aggregate.----Rot-Weiß Erfurt won 2–0 on aggregate.----Auxerre won 6–1 on aggregate.----Swarovski Tirol won 3–2 on aggregate.----Hamburg won 4–1 on aggregate.----1–1 on aggregate. Gent won 4–1 on penalties.----Torino won 8–1 on aggregate.----Liverpool won 6–2 on aggregate.----PAOK won 2–1 on aggregate.----1–1 on aggregate. CSKA Sofia won on away goals.----Osasuna won 4–1 on aggregate.----Utrecht won 4-1 on aggregate.----Dinamo București won 2–1 on aggregate.----Dynamo Moscow won 4–2 on aggregate.----Stuttgart won 6–3 on aggregate.----AEK won 3–0 on aggregate.----Spartak Moscow won 5–1 on aggregate.----Lyon won 2–1 on aggregate.----Genoa won 3–2 on aggregate.----1–1 on aggregate. Cannes won 4–2 on penalties.----2–2 on aggregate. Sporting Gijón won 3–2 on penalties.Match was played in Turkey due to the deteriorating security situation in Yugoslavia that eventually turned into the Yugoslav Wars.
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B 1903 won 6–3 on aggregate.----Osasuna won 3–2 on aggregate.----Liverpool won 3–2 on aggregate.----Dynamo Moscow won 2–1 on aggregate.----Real Madrid won 4–1 on aggregate.----Because of hooliganism in a previous match, Ajax was ordered to play this match at least 200 km away from Amsterdam.Ajax won 5–1 on aggregate.----AEK won 2–1 on aggregate.----Genoa won 5–3 on aggregate.----Hamburg won 6–1 on aggregate.----Gent won 1–0 on aggregate.----Neuchâtel Xamax won 5–2 on aggregate.----Trabzonspor won 8–4 on aggregate.----Swarovski Tirol won 4–0 on aggregate.----Torino won 2–0 on aggregate.----Sigma Olomouc won 2–0 on aggregate.----Steaua București won 3–2 on aggregate.
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Sigma Olomouc won 6–2 on aggregate.----Torino won 3–2 on aggregate.----B 1903 won 2–1 on aggregate.----Because of hooliganism in a previous match, Ajax was ordered to play this match at least 200 km away from Amsterdam. Ajax won 2–0 on aggregate.----Liverpool won 6–0 on aggregate.----Gent won 2–0 on aggregate.----Genoa won 2–0 on aggregate.----Real Madrid won 4–1 on aggregate.
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Genoa won 4–1 on aggregate.----Ajax won 3–0 on aggregate.----Real Madrid won 2–1 on aggregate.----Torino won 3–0 on aggregate.
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Ajax won 4–3 on aggregate.----Torino won 3–2 on aggregate.
See main article: 1992 UEFA Cup Final.
2–2 on aggregate. Ajax won on away goals.
The top scorers from the 1991–92 UEFA Cup are as follows: