The Football League play-offs for the 1991–92 season were held in May 1992, with the finals taking place at Wembley Stadium. The play-off semi-finals were also played over two legs and were contested by the teams who finished in 3rd, 4th, 5th and 6th place in the Football League Second Division, the 4th, 5th, 6th and 7th placed teams in the Football League Third Division and the 3rd, 4th, 5th and 6th place teams in the Football League Fourth Division table. The winners of the semi-finals progressed through to the finals, with the winner of these matches gaining promotion for the following season.

Second Division

The Second Division season finished with Ipswich Town as champions and Middlesbrough as runners-up gaining automatic promotion to the new FA Premier League. This left Derby County and Blackburn Rovers, the two biggest spending teams in the division, facing each other in the one playoff semi-final, while the other was contested between Leicester City and a Cambridge United side who successful style of long ball play had taken them to the brink of a unique third successive promotion, while Leicester had made their first serious promotion challenge since being relegated from the First Division five years earlier.

Blackburn won the first leg 4-2 at Ewood Park, and Derby's 2-1 win in the return leg at the Baseball Ground was not enough to prevent the Lancastrian side from going through to the final. In the other semi-final, Cambridge held Leicester to a 1-1 draw at the Abbey Stadium before losing the return leg 5-0 at Filbert Street.

The final - and a place in the new Premier League - was settled by a single goal as Blackburn beat Leicester thanks to a penalty by former Leicester striker Mike Newell, securing Blackburn's return to the top flight of English football after 26 years away.

Semi-finals

First leg

10 May 1992

12:00

Cambridge United	1–1	Leicester City
O'Shea 76'		Russell 44'

Abbey Stadium, Cambridge

Attendance: 9,225

Referee: John Martin

10 May 1992

15:00

Blackburn Rovers	4–2	Derby County
Sellars 35' Newell 44' Speedie 66', 70'		Gabbiadini 2' Johnson 14'

Ewood Park, Blackburn

Attendance: 19,677

Referee: Keith Hackett

Second leg

13 May 1992

19:45

Derby County	2–1	Blackburn Rovers
Comyn 23' McMinn 74'		Moran 49'

Baseball Ground, Derby

Attendance: 22,920

Referee: David Elleray

Blackburn Rovers won 5–4 on aggregate.

13 May 1992

19:45

Leicester City	5–0	Cambridge United
Wright 29', 60' Thompson 35' Russell 59' Ormondroyd 64'

Filbert Street, Leicester

Attendance: 21,024

Referee: Martin Bodenham

Leicester City won 6–1 on aggregate.

Final

25 May 1992

15:00

Blackburn Rovers	1–0	Leicester City
Newell 45' (pen.)

Wembley Stadium, London

Attendance: 68,147

Referee: George Courtney

Third Division

Huddersfield Town's fourth season in the Third Division since relegation in 1988 saw their most serious promotion challenge in that time, but a third-place finish meant that they had to navigate a playoff semi-final clash with a Peterborough United side in the hunt for a second successive promotion. Peterborough went through, while Stockport County overcame Stoke City in the other semi-final to set up a playoff final clash between two teams who had both been promoted from the Fourth Division only a year earlier. Peterborough won the final 2-1 to reach the second tier of English football for the first time in their history; they were still among the newest ten clubs in the Football League having joined in 1960.

Semi-finals

First leg

10 May 1992

12:00

Stockport County	1–0	Stoke City
Ward 41'

Edgeley Park, Stockport

Attendance: 7,537

11 May 1992

19:45

Peterborough United	2–2	Huddersfield Town
Charlery 46' Halsall 88'		Onuora 28' Robinson 68' (o.g.)

London Road, Peterborough

Attendance: 11,751

Referee: David Elleray

Second leg

13 May 1992

19:45

Stoke City	1–1	Stockport County
Stein 81'		Beaumont 1'

Victoria Ground, Stoke-on-Trent

Attendance: 16,170

Stockport County won 2–1 on aggregate.

14 May 1992

19:45

Huddersfield Town	1–2	Peterborough United
Starbuck 2'		Sterling 69' Cooper 86'

Leeds Road, Huddersfield

Attendance: 16,167

Referee: George Courtney

Peterborough United won 4–3 on aggregate.

Final

24 May 1992

15:00

Peterborough United	2–1	Stockport County
Charlery 51', 89'		Francis 87'

Wembley Stadium, London

Attendance: 35,087

Referee: Martin Bodenham

Fourth Division

A year after losing the Fourth Division playoff final on penalties to Torquay United, Blackpool returned to Wembley for a showdown with Scunthorpe United and this time were the winning side as they triumphed on penalties after a 1-1 draw. The Seasiders had overcome league newcomers Barnet in their semi-final, with Scunthorpe overcoming Crewe Alexandra in the other semi-final.

Semi-finals

First leg

10 May 1992

13:00

Barnet	1–0	Blackpool
Carter 29'

Underhill, London

Attendance: 5,629

10 May 1992

15:00

Crewe Alexandra	2–2	Scunthorpe United
Hignett 6' Naylor 39'		Helliwell 17', 35'

Gresty Road, Crewe

Attendance: 6,063

Second leg

13 May 1992

19:30

Blackpool	2–0	Barnet
Groves 41' Garner 57' (pen.)

Bloomfield Road, Blackpool

Attendance: 7,588

Blackpool won 2–1 on aggregate.

13 May 1992

19:30

Scunthorpe United	2–0	Crewe Alexandra
Martin 83' Hamilton 89'

Glanford Park, Scunthorpe

Attendance: 7,938

Scunthorpe United won 4–2 on aggregate.

Final

23 May 1992

15:00

Blackpool	1–1 (a.e.t.)	Scunthorpe United
Bamber 40'		Daws 52'
Penalties
Cook Groves Garner Eyres	4–3	Hamilton Longden Elliott Alexander White

Wembley Stadium, London

Attendance: 22,741

Referee: Keith Hackett