| Rodez beat SC Bastia 1-0 (A) on 17 Oct 1992 |
| SC Bastia beat Épinal 2-1 (A) on 14 Aug 1992 |
| Épinal beat Cannes 3-0 (H) on 10 Oct 1992 |
| Cannes beat Nice 1-0 (H) on 11 Sep 1992 |
| Nice beat FCO Charleville 1-0 (A) on 10 Oct 1992 |
| FCO Charleville beat ASOA Valence 2-1 (A) on 17 Oct 1992 |
| ASOA Valence beat Louhans Cuiseaux 1-0 (H) on 5 Sep 1992 |
| Louhans Cuiseaux beat Annecy 1-0 (H) on 14 Aug 1992 |
| Annecy beat Olympique Alès 3-1 (H) on 22 Aug 1992 |
| Olympique Alès beat Martigues 3-0 (H) on 17 Oct 1992 |
| Martigues beat Sedan 3-0 (H) on 12 Sep 1992 |
| Sedan beat Mulhouse 2-1 (H) on 3 Oct 1992 |
| Mulhouse beat Istres 2-0 (H) on 28 Aug 1992 |
| Istres beat Nancy Lorraine 2-0 (H) on 25 Sep 1992 |
| Nancy Lorraine beat Gazélec Ajaccio 3-0 (H) on 18 Sep 1992 |
| Gazélec Ajaccio beat Perpignan 1-0 (H) on 14 Aug 1992 |
| Perpignan beat Créteil Lusitanos 2-1 (A) on 19 Sep 1992 |
| Créteil Lusitanos beat Rodez 4-1 (A) on 25 Sep 1992 |
HWC: Thick arrows show the earliest chain of wins that passes through every team and returns to its start.