Baggio was appointed team captain for the 1992–93 season. He had a dominant season, winning the only European club trophy of his career after helping Juventus to the UEFA Cup final, in which he scored twice and assisted another goal over both legs, defeating Borussia Dortmund 6–1 on aggregate. "En route" to the final, Baggio scored two goals in the 2–1 home victory against Paris Saint-Germain, in the first leg of the semi-final, and he went on to score the only goal in the return leg. Juventus also reached the semi-finals of the Coppa Italia, losing on away goals to local rivals and winners Torino. Juventus finished fourth in Serie A that season, although they managed a 3–1 away win against the Serie A champions Milan, with Baggio scoring a memorable individual goal while also setting-up Andreas Möller's first goal of the match. One of the highlights of the season involved Baggio scoring four goals in open play against Udinese in a 5–0 Juventus home win. Baggio was once again runner-up for the Serie A "capocannoniere" title with 21 goals and 6 assists. He scored a personal best of 30 goals in all club competitions that season, in addition to five goals with the Italy national team. During the 1993 calendar year, Baggio managed a personal record 39 goals across all competitions, scoring 23 goals in Serie A, 3 in the Coppa Italia, 8 goals in European competitions and 5 goals for Italy, helping his national side qualify for the World Cup. Baggio's performances throughout the year earned him both the European Footballer of the Year, with 142 points from a possible 150, and the FIFA World Player of the Year awards. He was also awarded the Onze d'Or, and the World Soccer Player of the Year Award.