While it was Parma's first appearance in the competition, Milan were making their fourth appearance, having previously contested the 1973, 1989 and 1990 editions. Parma reached the Super Cup as winners of the 1992–93 UEFA Cup Winners' Cup, having beaten Royal Antwerp 3–1 in the final at Wembley Stadium in London, while Milan lost 1–0 to Olympique Marseille in the 1993 UEFA Champions League Final at Olympiastadion in Munich, but Marseille's subsequent ban from European football due to match-fixing meant Milan competed in the Super Cup in their place.
A.C. Milan and Parma had never played against each other in European competition, but had previously played seven leagues games against each other, all within four years of both legs of this tie. Milan had had the upper hand, winning three of the matches to Parma's two, while the other two games were draws. It was Parma's first match in Europe against a fellow Italian side, but Milan had once previously come up against opposition of the same nationality in Europe when they beat Sampdoria over two legs by three goals to one in the 1990 edition of the Super Cup.