The 1991–92 FIBA European Cup was the twenty-sixth edition of FIBA's 2nd-tier level European-wide professional club basketball competition.

*Śląsk Wrocław, Maccabi Rishon LeZion, KTP Kotka, Scania Södertälje, Vevey, Pezoporikos Larnaca, Fenerbahçe, Benfica and Szolnoki Olajbányász.

Seeded teams played games 2 and 3 at home.

March 17, Palais des Sports de Beaulieu, Nantes