|Date||28 July – 8 August 1992|
|Location||Pabellón Club Joventut, Badalona|
|Participants||31 from 31 countries|
|Format||Single elimination tournament.|
The last two World Championship finals (1989/1991) had matched Cuba’s Enrique Carrion and Bulgaria’s Serafim Todorov, with Carrion winning in 1989 and Todorov in 1991. Todorov was in Barcelona but after Carrion had twice lost to American Sergio Reyes, Jr., who was on the US team in 1992, he was replaced on the Cuban team by former featherweight Joël Casamayor. Another challenger was North Korea’s Li Gwang-Sik, a bronze medalist at the last two Worlds (as a flyweight in 1989).
Reyes was the first of the favorites to go out, losing to Li in the second round, who then took out Todorov in the quarters. But Li lost the semi-final to Ireland’s Wayne McCullough, the 1990 Commonwealth Games flyweight champion, who then faced Casamayor in the final. Casamayor built up a big early lead in the first two rounds and won comfortably.
McCullough turned professional and in 1995 won the WBC bantamweight champion, retiring in 2008 with a career record of 27-7. Casamayor was expected to attempt an Olympic defense in 1996, but a few weeks before the Games started, while training with the Cuban team in Guadalajara, Mexico, he defected to the United States and turned professional. In 2000 he became the first Cuban to win a world professional title when he won the WBA super-featherweight belt. He held that title into 2002 and won various lightweight world championships from 2006-08. Still fighting as a pro at the end of 2011, his career record by then was 38 wins, 6 losses, and 1 draw.
|=9||Sergio Reyes, Jr.||USA|
Winner of each match advanced to the second round.
|Match #1||Ahmed Aboud||IRQ||Bye|
|Match #2||Wayne McCullough||IRL||Fred Muteweta||UGA||Decision (28 - 7)|
|Match #3||Chatree Suwanyod||THA||Vladislav Antonov||EUN||Decision (6 - 4)|
|Match #4||Mohammed Sabo||NGR||Robert Ciba||POL||Referee Stops Contest (Injured) (Round 3, 2:27)|
|Match #5||Serafim Todorov||BUL||John Sem||PNG||Decision (11 - 0)|
|Match #6||Oscar Chongo||ZAM||Magno Ruiz||GUA||Decision (7 - 3)|
|Match #7||Li Gwang-Sik||PRK||László Bognár||HUN||Retired (Round 3, 1:00)|
|Match #8||Sergio Reyes, Jr.||USA||Harold Ramírez||PUR||Decision (10 - 1)|
|Match #9||Kalai Riadh||TUN||Miguel Dias||NED||Decision (17 - 1)|
|Match #10||Joel Casamayor||CUB||Devarajan Venkatesan||IND||Decision (13 - 7)|
|Match #11||Roberto Jalnaiz||PHI||Agustín Castillo||DOM||Referee Stops Contest (Head Blow) (Round 1, 2:46)|
|Match #12||Philippe Wartelle||FRA||Jesús Pérez||COL||Decision (12 - 5)|
|Match #13||Javier Calderón||MEX||Benjamin Ngaruiya||KEN||Decision (16 - 4)|
|Match #14||Remigio Molina||ARG||Óscar Vega||ESP||Decision (14 - 4)|
|Match #15||Mohamed Achik||MAR||Dieter Berg||GER||Decision (3 - 0)|
|Match #16||Slimane Zengli||ALG||Zhang Guangping||CHN||Decision (4 - 0)|
Winner of each match advanced to the quarter-finals.
|Match #1||Wayne McCullough||IRL||Ahmed Aboud||IRQ||Decision (10 - 2)|
|Match #2||Mohammed Sabo||NGR||Chatree Suwanyod||THA||Decision (16 - 7)|
|Match #3||Serafim Todorov||BUL||Oscar Chongo||ZAM||Decision (18 - 6)|
|Match #4||Li Gwang-Sik||PRK||Sergio Reyes, Jr.||USA||Decision (15 - 8)|
|Match #5||Joel Casamayor||CUB||Kalai Riadh||TUN||Decision (16 - 11)|
|Match #6||Roberto Jalnaiz||PHI||Philippe Wartelle||FRA||Referee Stops Contest (Injured) (Round 2, 0:32)|
|Match #7||Remigio Molina||ARG||Javier Calderón||MEX||Decision (5 - 4)|
|Match #8||Mohamed Achik||MAR||Slimane Zengli||ALG||Decision (12 - 8)|
Winner of each match advanced to the semi-finals.
|Match #1||Wayne McCullough||IRL||Mohammed Sabo||NGR||Decision (31 - 13)|
|Match #2||Li Gwang-Sik||PRK||Serafim Todorov||BUL||Decision (16 - 15)|
|Match #3||Joel Casamayor||CUB||Roberto Jalnaiz||PHI||Knock Out (Round 1, 2:01)|
|Match #4||Mohamed Achik||MAR||Remigio Molina||ARG||Decision (15 - 5)|
Winner of each match advanced to the final match.
|Match #1||Wayne McCullough||IRL||Li Gwang-Sik||PRK||Decision (21 - 16)|
|Match #2||Joel Casamayor||CUB||Mohamed Achik||MAR||Retired (Round 1, 2:31)|
|Match 1/2||Joel Casamayor||CUB||Wayne McCullough||IRL||Decision (14 - 8)|