| Tourney Name: | European Cup Winners' Cup |
| Year: | 1991–92 |
| Dates: | 21 August 1991 – 6 May 1992 |
| Num Teams: | 34 |
| Champion Other: | Werder Bremen |
| Count: | 1 |
| Second Other: |  Monaco |
| Matches: | 65 |
| Goals: | 166 |
| Attendance: | 1049884 |
| Top Scorer: | Péter Lipcsei (Ferencváros) 6 goals |
| Prevseason: | 1990–91 |
| Nextseason: | 1992–93 |
The 1991–92 season of the European Cup Winners' Cup was won by Werder Bremen in the final against Monaco. Both were first-time finalists in the competition.
Defending champions Manchester United were eliminated by Atlético Madrid in the second round.
A total of 34 teams participated in the competition.
Notes|}
----
Odense won 7–0 on aggregate.----Tottenham Hotspur won 2–0 on aggregate.
|}
------------------------------------------------------------
Werder Bremen won 11–0 on aggregate.----Monaco won 10–1 on aggregate.----Atlético Madrid won 8–2 on aggregate.----Manchester United won 2–0 on aggregate.----3–3 on aggregate; GKS Katowice won on away goals.----Club Brugge won 4–0 on aggregate.----Ferencváros won 7–3 on aggregate.----Galatasaray won 5–1 on aggregate.----Baník Ostrava won 4–1 on aggregate.----4–4 on aggregate; Ilves won on away goals.----2–2 on aggregate; Roma won on away goals.----Norrköping won 6–1 on aggregate.----Sion won 2–1 on aggregate.----Feyenoord won 1–0 on aggregate.----Tottenham Hotspur won 2–1 on aggregate.----Porto won 4–0 on aggregate.
|}
----------------------------
Monaco won 3–1 on aggregate.----Atlético Madrid won 4–1 on aggregate.----Club Brugge won 4–0 on aggregate.----Werder Bremen won 4–2 on aggregate.----2–2 on aggregate; Galatasaray won on away goals.----Roma won 6–3 on aggregate.----0–0 on aggregate; Feyenoord won 5–3 on penalties.----Tottenham Hotspur won 3–1 on aggregate.
|}
------------
4–4 on aggregate. Club Brugge won on away goals.----Werder Bremen won 2–1 on aggregate.----Monaco won 1–0 on aggregate.----Feyenoord won 1–0 on aggregate.
|}
----
Werder Bremen won 2–1 on aggregate.----3–3 on aggregate. Monaco won on away goals.
See main article: 1992 European Cup Winners' Cup Final.
The top scorers from the 1991–92 UEFA Cup Winners' Cup are as follows:
