The1992 Greek Cup final was the 48th final of theGreek Cup. The final, was set for the second and last time to be played over two legs in the home ground of the 2 finalists. The contesting teams werePAOK andOlympiacos. It was PAOK's fourteenth Greek Cup final in their 66 years of existence and Olympiacos' twenty-six Greek Cup final in their 67-year history.[1] The first match took place on 20 May 1992 atToumba Stadium and the second match took place on 27 May 1992 atKaraiskakis Stadium. It was the first time that a private channelANT1, was covering a cup final, since all the finals were until then covered byERT.[2]
PAOK had reached the Greek Cup final thirteen times, winning two of them. The last time that they had won the Cup was in1974 (4–3 onpenalties, which came after a 2–2 draw at the end of the extra time against Olympiacos). The last time that they had played in a final was in1985, where they had lost toAEL by 4–1.
Olympiacos had reached the Greek Cup final twenty-five times, winning nineteen of them. The last time that they played in a final was in1990, where they had won againstOFI by 4–1.
The two teams had met each other in a Cup final five times in the 1951, 1971, 1973, 1974 and 1981 finals.[3]