Football League Third Division 1991/92
| Pos | Club | Pld | W | D | L | F | A | GD | Pts | Notes |
| 1st | Brentford | 46 | 25 | 7 | 14 | 81 | 55 | +26 | 82 | ▲Champions |
| 2nd | Birmingham City | 46 | 23 | 12 | 11 | 69 | 52 | +17 | 81 | ▲Runners Up |
| 3rd | Huddersfield Town | 46 | 22 | 12 | 12 | 59 | 38 | +21 | 78 | ♦Playoffs |
| 4th | Stoke City | 46 | 21 | 14 | 11 | 69 | 59 | +10 | 77 | ♦Playoffs |
| 5th | Stockport County | 46 | 22 | 10 | 14 | 75 | 49 | +26 | 76 | ♦Playoffs |
| 6th | Peterborough United | 46 | 20 | 14 | 12 | 65 | 58 | +13 | 74 | ♦▲PO Winners |
| 7th | West Bromwich Albion | 46 | 19 | 13 | 14 | 64 | 49 | +15 | 71 | - |
| 8th | AFC Bournemouth | 46 | 20 | 11 | 15 | 52 | 48 | +4 | 71 | - |
| 9th | Fulham | 46 | 19 | 13 | 14 | 57 | 53 | +4 | 70 | - |
| 10th | Leyton Orient | 46 | 18 | 11 | 17 | 62 | 52 | +10 | 65 | - |
| 11th | Hartlepool United | 46 | 18 | 11 | 17 | 57 | 57 | 0 | 65 | - |
| 12th | Reading | 46 | 16 | 13 | 17 | 59 | 62 | -3 | 61 | - |
| 13th | Bolton Wanderers | 46 | 14 | 17 | 15 | 57 | 56 | +1 | 59 | - |
| 14th | Hull City | 46 | 16 | 11 | 19 | 54 | 54 | 0 | 59 | - |
| 15th | Wigan Athletic | 46 | 15 | 14 | 17 | 58 | 64 | -6 | 59 | - |
| 16th | Bradford City | 46 | 13 | 19 | 14 | 62 | 61 | +1 | 58 | - |
| 17th | Preston North End | 46 | 15 | 12 | 19 | 61 | 72 | -11 | 57 | - |
| 18th | Chester City | 46 | 14 | 14 | 18 | 56 | 59 | -3 | 56 | - |
| 19th | Swansea City | 46 | 14 | 14 | 18 | 55 | 65 | -10 | 56 | - |
| 20th | Exeter City | 46 | 14 | 11 | 21 | 57 | 80 | -23 | 53 | - |
| 21st | Bury | 46 | 13 | 12 | 21 | 55 | 74 | -19 | 51 | ▼Relegated |
| 22nd | Shrewsbury Town | 46 | 12 | 11 | 23 | 53 | 69 | -15 | 47 | ▼Relegated |
| 23rd | Torquay United | 46 | 13 | 8 | 25 | 42 | 68 | -26 | 47 | ▼Relegated |
| 24th | Darlington | 46 | 10 | 7 | 29 | 56 | 90 | -34 | 37 | ▼Relegated |
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Football League Third Division - The Playoffs |
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Semi Finals 1st Leg |
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| Date | Home | Score | Away |
| Sun May 10 | Stockport County | 1-0 | Stoke City |
| Mon May 11 | Peterborough United | 2-2 | Huddersfield Town |
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Semi Finals 2nd Leg |
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| Wed May 13 | Stoke City | 1-1 | Stockport County |
| Stockport County Won 2-1 on aggregate | |||
| Thu May 14 | Huddersfield Town | 1-2 | Peterborough United |
| Peterborough United Won 4-3 on aggregate | |||
| Final | |||
| Sun May 24 | Peterborough United | 2-1 | Stockport County |
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End of Season Notes |
| ♦Following the Formation of the Premier League the Football was reduced from 4 to 3 Divisions this resulted in the remaining of the Divisions, The Second Division was renamed Division 1, The Third Division was renamed Division 2 and The Fourth Division was renamed Division 3 |
| ▼Plymouth Argyle were Relegated from the Second Division |
| ▼Brighton & Hove Albion were Relegated from the Second Division |
| ▼Port Vale Relegated from the Second Division |
| ▲Brentford were Promoted to the newly renamed Division 1 |
| ▲Birmingham City were Promoted to the newly renamed Division 1 |
| ♦ Huddersfield Town Qualified for Playoffs |
| ♦ Stoke City Qualified for Playoffs |
| ♦ Stockport County Qualified for Playoffs |
| ♦ Peterborough United Qualified for Playoffs |
| ▲Peterborough United were Promoted to the newly renamed Division 1 via the Playoffs |
| ▼Bury were Relegated to the newly renamed Division 3 |
| ▼Shrewsbury Town were Relegated to the newly renamed Division 3 |
| ▼Torquay United were Relegated to the newly renamed Division 3 |
| ▼Darlington were Relegated to the newly renamed Division 3 |
| ▲Burnley were Promoted from the Fourth Division |
| ▲Rotherham United were Promoted from the Fourth Division |
| ▲Mansfield Town were Promoted from the Fourth Division |
| ▲Blackpool were Promoted from the Fourth Division via the Playoffs |