The 1996–1997 campaign was the 91st season in Atlético Madrid's history and their 62nd season in La Liga, the top division of Spanish football.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Players may hold more than one non-FIFA nationality.

Kiko 63' Santi 74' Simeone Pablo Alfaro Prodan Pantic Ronaldo 42' Ronaldo 58' Ronaldo 74' Figo 88' Popescu Round of 16 Quarterfinals Ronaldo 51' Figo 67' Ronaldo 72' Pantic 28' Pantic 31'pen Giovanni 31' Pizzi 74' De la Peña 76' Esnaider 65' Group phase- Group B

Quarterfinals