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| H | Sporting Gijón | - | Real Madrid | 1:2 (1:2) | ||
| R | Real Madrid | - | Sporting Gijón | 5:2 (2:0) | ||
| H: 13.06.1992 20:00 | R: 20.06.1992 21:00 | Sieger: Real Madrid | ||||
| H | Atlético Madrid | - | Deportivo La Coruña | 2:0 (0:0) | ||
| R | Deportivo La Coruña | - | Atlético Madrid | 1:1 (0:0) | ||
| H: 14.06.1992 20:00 | R: 20.06.1992 19:00 | Sieger: Atlético Madrid | ||||
