# 1992 Copa CONMEBOL

The 1992 Copa CONMEBOL was the first edition of CONMEBOL's annual club tournament. Teams that failed to qualify for the Copa Libertadores played in this tournament. Sixteen teams from the ten South American football confederations qualified for this tournament. Atlético Mineiro defeated Olimpia in the finals.

## Qualified teams

Qualified teams :
| Deportivo Español | Marítimo | Gimnasia y Esgrima | Fluminense |
| Bragantino | Grêmio | Vélez Sarsfield | Oriente Petrolero |
| O'Higgins | Junior | El Nacional | Olimpia |
| Universitario | Peñarol | Danubio | Atlético Mineiro |

## Bracket

| First round | First round | First round | First round | Quarterfinals | Quarterfinals | Quarterfinals | Quarterfinals | Semifinals | Semifinals | Semifinals | Semifinals | | Finals | Finals | Finals | Finals |
| Vélez Sarsfield | 0 | 0 | 0 | | | | | | | | | | | | | |
| Deportivo Español | 0 | 2 | 2 | | | | | | | | | | | | | |
| Deportivo Español | 0 | 2 | 2 | Deportivo Español | 0 | 0 | 0 (3) | | | | | | | | | |
| | | | | Olimpia | 0 | 0 | 0 (4) | | | | | | | | | |
| Olimpia | 4 | 1 | 5 | Olimpia | 0 | 0 | 0 (4) | | | | | | | | | |
| Oriente Petrolero | 0 | 0 | 0 | | | | | | | | | | | | | |
| Oriente Petrolero | 0 | 0 | 0 | | | | | Olimpia | 0 | 0 | 0 (3) | | | | | |
| | | | | | | | | Gimnasia y Esgrima | 0 | 0 | 0 (0) | | | | | |
| Gimnasia y Esgrima | 0 | 2 | 2 | | | | | | | | | Gimnasia y Esgrima | 0 | 0 | 0 (0) | | | | | |
| O'Higgins | 0 | 0 | 0 | | | | | | | | | | | | | |
| O'Higgins | 0 | 0 | 0 | Gimnasia y Esgrima | 0 | 3 | 3 | | | | | | | | | |
| | | | | Peñarol | 0 | 1 | 1 | | | | | | | | | |
| Peñarol | 0 | 1 | 1 (7) | Peñarol | 0 | 1 | 1 | | | | | | | | | |
| Danubio | 0 | 1 | 1 (6) | | | | | | | | | | | | | |
| Danubio | 0 | 1 | 1 (6) | | | | | | | | | | Olimpia | 0 | 1 | 1 |
| | | | | | | | | | | | | | Atlético Mineiro | 2 | 0 | 2 |
| Universitario | 1 | 1 | 2 | | | | | | | | | | | | | | Atlético Mineiro | 2 | 0 | 2 |
| El Nacional | 3 | 3 | 6 | | | | | | | | | | | | | |
| El Nacional | 3 | 3 | 6 | El Nacional | 0 | 4 | 4 | | | | | | | | | |
| | | | | Grêmio | 1 | 1 | 2 | | | | | | | | | |
| Grêmio | 2 | 1 | 3 (7) | Grêmio | 1 | 1 | 2 | | | | | | | | | |
| Bragantino | 2 | 1 | 3 (6) | | | | | | | | | | | | | |
| Bragantino | 2 | 1 | 3 (6) | | | | | El Nacional | 1 | 0 | 1 | | | | | |
| | | | | | | | | Atlético Mineiro | 0 | 2 | 2 | | | | | |
| Atlético Mineiro | 1 | 5 | 6 | | | | | | | | | Atlético Mineiro | 0 | 2 | 2 | | | | | |
| Fluminense | 2 | 1 | 3 | | | | | | | | | | | | | |
| Fluminense | 2 | 1 | 3 | Atlético Mineiro | 2 | 3 | 5 | | | | | | | | | |
| | | | | Junior | 2 | 0 | 2 | | | | | | | | | |
| Junior | 6 | 1 | 7 | Junior | 2 | 0 | 2 | | | | | | | | | |
| Marítimo | 0 | 0 | 0 | | | | | | | | | | | | | |

## First round

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Vélez Sarsfield | 0–2 | Deportivo Español | 0–0 | 0–2 |
| Olimpia | 5–0 | Oriente Petrolero | 4–0 | 1–0 |
| Gimnasia y Esgrima | 2–0 | O'Higgins | 0–0 | 2–0 |
| Peñarol | 1–1 (7–6 p) | Danubio | 0–0 | 1–1 |
| Universitario | 2–6 | El Nacional | 1–3 | 1–3 |
| Grêmio | 3–3 (7–6 p) | Bragantino | 2–2 | 1–1 |
| Atlético Mineiro | 6–2 | Fluminense | 1–2 | 5–1 |
| Junior | 7–0 | Marítimo | 6–0 | 1–0 |

## Quarterfinals

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Deportivo Español | 0–0 (3–4 p) | Olimpia | 0–0 | 0–0 |
| Gimnasia y Esgrima | 3–1 | Peñarol | 0–0 | 3–1 |
| El Nacional | 4–2 | Grêmio | 0–1 | 4–1 |
| Atlético Mineiro | 5–2 | Junior | 2–2 | 3–0 |

## Semifinals

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Olimpia | 0–0 (3–0 p) | Gimnasia y Esgrima | 0–0 | 0–0 |
| Atlético Mineiro | 2–1 | El Nacional | 0–1 | 2–0 |

## Finals

| Team 1 | Agg.Tooltip Aggregate score | Team 2 | 1st leg | 2nd leg |
| Atlético Mineiro | 2–1 | Olimpia | 2–0 | 0–1 |