1992 Copa Libertadores de América

Tournament details
Dates	February 18 – June 17
Teams	21 (from 10 associations)
Final positions
Champions	São Paulo (1st title)
Runners-up	Newell's Old Boys
Tournament statistics
Matches played	98
Goals scored	236 (2.41 per match)
Top scorer(s)	Palhinha (7 goals)
← 1991 1993 →

The 1992 Copa Libertadores was the 33rd edition of the Copa Libertadores, CONMEBOL's annual international club tournament. São Paulo won the competition.

Qualified teams

Country	Team	Qualification method
CONMEBOL (1 berth)	Colo-Colo	1991 Copa Libertadores champion
Argentina (2 berths)	Newell's Old Boys	1990–91 Primera División champion
	San Lorenzo	1990–91 Liguilla Pre-Libertadores winner
Bolivia (2 berths)	Bolívar	1991 Primera División champion
	San José	1991 Primera División runner-up
Brazil (2 berths)	São Paulo	1991 Campeonato Brasileiro Série A champion
	Criciúma	1991 Copa do Brasil champion
Chile (2 berths)	Coquimbo Unido	1991 Primera División runner-up
	Universidad Católica	1991 Liguilla Pre-Libertadores winner
Colombia (2 berths)	Atlético Nacional	1991 Campeonato Profesional champion
	América de Cali	1991 Campeonato Profesional runner-up
Ecuador (2 berths)	Barcelona	1991 Campeonato Ecuatoriano champion
	Valdez	1991 Campeonato Ecuatoriano runner-up
Paraguay (2 berths)	Sol de América	1991 Primera División champion
	Cerro Porteño	1992 Pre-Libertadores playoff winner
Peru (2 berths)	Sporting Cristal	1991 Primera División champion
	Sport Boys	1991 Primera División runner-up
Uruguay (2 berths)	Defensor Sporting	1991 Liguilla Pre-Libertadores winner
	Nacional	1991 Liguilla Pre-Libertadores runner-up
Venezuela (2 berths)	Universidad de Los Andes	1990–91 Primera División champion
	Marítimo	1990–91 Primera División runner-up

Draw

The champions and runners-up of each football association were drawn into the same group along with another football association's participating teams. Three clubs from Chile competed as Colo-Colo was champion of the 1991 Copa Libertadores.

Group stage

Group 1

Colo-Colo, as the previous year champions, should join the competition only in the Round of 16, but they requested to start the competition in the group stage, due to financial reasons, thus five clubs participated in this group.^[1]

Group 1 standings

Pos	Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification		NOB	UC	SLO	COL	COQ
1	Newell's Old Boys	8	4	3	1	11	10	+1	11	Round of 16		—	0–0	0–6	3–1	3–0
2	Universidad Católica	8	2	5	1	15	8	+7	9			1–1	—	4–0	0–0	5–1
3	San Lorenzo	8	4	1	3	13	8	+5	9			0–1	2–2	—	1–0	3–0
4	Colo-Colo	8	2	4	2	6	7	−1	8			1–1	1–1	1–0	—	1–0
5	Coquimbo Unido	8	1	1	6	6	18	−12	3			1–2	3–2	0–1	1–1	—

Group 2

Group 2 standings

Pos	Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification		CRI	SAO	BOL	SJO
1	Criciúma	6	4	1	1	13	7	+6	9	Round of 16		—	3–0	2–1	5–0
2	São Paulo	6	3	2	1	11	5	+6	8			4–0	—	2–0	1–1
3	Bolívar	6	2	2	2	9	9	0	6			1–1	1–1	—	2–1
4	San José	6	0	1	5	5	17	−12	1			1–2	0–3	2–4	—

Group 3

Group 3 standings

Pos	Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification		BAR	VAL	MAR	ULA
1	Barcelona	6	4	1	1	13	7	+6	9	Round of 16		—	0–0	3–1	5–1
2	Valdez	6	3	2	1	11	5	+6	8			0–1	—	2–1	1–1
3	Marítimo	6	2	2	2	9	9	0	6			1–1	1–0	—	1–2
4	Universidad de Los Andes	6	0	1	5	5	17	−12	1			0–1	0–2	0–0	—

• As Marítimo and Universidad de Los Andes finished with the same number of points, a playoff to define the third-placed team was played. Marítimo beat Universidad de Los Andes and qualified to the Round of 16.^[1][2]

Tiebreaker

• Marítimo qualify due to better goal difference in group.

Team 1	Score	Team 2
Marítimo	2–2	Universidad de Los Andes

Group 4

Group 4 standings

Pos	Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification		NAC	AME	CRI	SBA
1	Atlético Nacional	6	4	1	1	15	4	+11	9	Round of 16		—	3–0	1–0	2–2
2	América de Cali	6	4	0	2	8	7	+1	8			2–0	—	1–0	2–0
3	Sporting Cristal	6	2	1	3	6	7	−1	5			0–3	3–1	—	2–0
4	Sport Boys	6	0	2	4	4	15	−11	2			0–6	1–2	1–1	—

Group 5

Group 5 standings

Pos	Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification		CPO	NAC	DEF	SOL
1	Cerro Porteño	6	3	3	0	9	4	+5	9	Round of 16		—	1–1	1–1	2–0
2	Nacional	6	2	3	1	9	7	+2	7			0–0	—	2–3	2–2
3	Defensor Sporting	6	1	2	3	7	9	−2	4			2–3	0–1	—	1–2
4	Sol de América	6	1	2	3	5	10	−5	4			0–2	1–3	0–0	—

Knockout stage

	Round of 16 28–30 April—4–6 May						Quarterfinals 13–20 May						Semifinals 27 May–3 June						Final 10–17 June
	Bolívar	2	0	2
	Cerro Porteño	0	3	3
							Cerro Porteño	1	1	2 (3)
							Barcelona	1	1	2 (4)
	Colo-Colo	1	0	1
	Barcelona	0	2	2
													Barcelona	0	2	2
													São Paulo	3	0	3
	Criciúma	2	3	5
	Sporting Cristal	1	2	3
							Criciúma	0	1	1
							São Paulo	1	1	2
	Nacional	0	0	0
	São Paulo	1	2	3
																			São Paulo	0	1	1 (3)
																			Newell's Old Boys	1	0	1 (2)
	Marítimo	0	0	0
	Atlético Nacional	0	3	3
							Atlético Nacional	0	2	2
							América de Cali	1	4	5
	Universidad Católica	0	0	0
	América de Cali	0	1	1
													América de Cali	1	1	2 (10)
													Newell's Old Boys	1	1	2 (11)
	San Lorenzo	2	0	2 (6)
	Valdez	0	2	2 (5)
							San Lorenzo	0	1	1
							Newell's Old Boys	4	1	5
	Defensor Sporting	1	0	1
	Newell's Old Boys	1	1	2

Finals

First leg

Newell's Old Boys v São Paulo

10 June 1992	Newell's Old Boys	1–0	São Paulo	Coloso Marcelo Bielsa, Rosario
	Berizzo 39' (pen.)			Attendance: 45,000 Referee: Hernán Silva (Chile)

Second leg

São Paulo v Newell's Old Boys

17 June 1992	São Paulo	1–0 (3–2 p)	Newell's Old Boys	Estádio Cícero Pompeu de Toledo (Morumbi), São Paulo
	Raí 65' (pen.)			Attendance: 105,185 Referee: José Torres Cadena (Colombia)
	Penalties
	Raí Iván Ronaldão Cafú		Berizzo Zamora Llop Mendoza Gamboa

Copa Libertadores 1992 Winner
São Paulo First Title