Finals
| Season | Winner | Score | Runner-up |
|---|---|---|---|
| 1990–91 | Persepolis | 1 – 0 |
Muharraq |
| 1991–92 | Nissan FC | 6 – 1 |
Al-Nasr |
| 1992–93 | Nissan FC | 2 – 1 |
Persepolis |
| 1993–94 | Al-Qadisiya | 6 – 2 |
South China |
| 1994–95 | Yokohama Flügels |
2 – 1 |
Al-Shaab |
| 1995–96 | Bellmare Hiratsuka | 2 – 1 | Al-Talaba |
| 1996–97 | Al-Hilal | 3 – 1 | Nagoya Grampus Eight |
| 1997–98 | Al-Nasr | 1 – 0 | Suwon Samsung Bluewings |
| 1998–99 | Al-Ittihad | 3 – 2 |
Chunnam Dragons |
| 1999–2000 | Shimizu S-Pulse | 1 – 0 | Al-Zawraa |
| 2000–01 | Al-Shabab | 4 – 2 | Dalian Shide |
| 2001–02 | Al-Hilal | 2 – 1 |
Jeonbuk Hyundai Motors |
Read more about this topic: Asian Cup Winners' Cup