The football competition at the 1992 Summer Olympics featured 16 national sides from the six continental confederations. The 16 teams were drawn into four groups of four and each group played a round-robin tournament. At the end of the group stage, the top two teams advanced to the knockout stage, beginning with the quarter-finals and culminating with the gold medal match at Camp Nou on 8 August 1992.

Camp Nou is a stadium in Barcelona and the home of La Liga club FC Barcelona since its opening in 1957. It is currently undergoing renovation, and with a planned increased seating capacity of 105,000, it will be the stadium with the largest capacity in Spain and Europe, and the second largest football stadium in the world.