| Hércules beat Badajoz 3-1 (H) on 12 Nov 1997 |
| Badajoz beat Elche 5-0 (H) on 14 Sep 1997 |
| Elche beat Atlético Madrid B 3-1 (H) on 4 Oct 1997 |
| Atlético Madrid B beat Lleida 2-0 (A) on 6 Sep 1997 |
| Lleida beat Rayo Vallecano 3-1 (H) on 15 Oct 1997 |
| Rayo Vallecano beat Numancia 2-0 (H) on 7 Sep 1997 |
| Numancia beat Villarreal 1-0 (A) on 21 Sep 1997 |
| Villarreal beat Eibar 1-0 (H) on 12 Oct 1997 |
| Eibar beat Alavés 2-1 (H) on 6 Sep 1997 |
| Alavés beat Logroñés 2-0 (H) on 2 Nov 1997 |
| Logroñés beat Leganés 2-0 (H) on 26 Oct 1997 |
| Leganés beat Real Jaén 2-1 (H) on 28 Sep 1997 |
| Real Jaén beat Toledo 3-1 (H) on 9 Nov 1997 |
| Toledo beat Osasuna 1-0 (H) on 7 Sep 1997 |
| Osasuna beat Extremadura 2-1 (H) on 1 Nov 1997 |
| Extremadura beat Xerez CD 1-0 (H) on 31 Aug 1997 |
| Xerez CD beat Sevilla 1-0 (H) on 21 Sep 1997 |
| Sevilla beat Ourense 1-0 (A) on 7 Sep 1997 |
| Ourense beat Levante 2-0 (H) on 5 Oct 1997 |
| Levante beat Las Palmas 2-1 (A) on 20 Sep 1997 |
| Las Palmas beat Albacete Balompié 3-2 (H) on 26 Oct 1997 |
| Albacete Balompié beat Hércules 1-0 (H) on 21 Sep 1997 |
HWC: Thick arrows show the earliest chain of wins that passes through every team and returns to its start.