The league was reorganized from the previous season into a single group of 22 teams of which the best one was Nyva Vinnytsia.
The biggest favorite of the season FC Naftovyk Okhtyrka missed its chance to get back to the League of the strongest.
Disappointing season had FC Metalurh Nikopol and FC Pryladyst Mukacheve that nearly made it to the Top League last season.
There were no clubs promoted from the 1992 Ukrainian Transition League.
Six clubs were relegated from the 1992 Ukrainian Top League: In 1992-93 season, the Ukrainian First League consists of the following teams: The following stadiums are considered home grounds for the teams in the competition.