Final
| Borac Banja Luka | 1–0 | Red Star |
|---|---|---|
Lupić  60' | Report |
      Borac |    Red Star |
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| 40th Marshal Tito Cup | |
|---|---|
| Tournament details | |
| Country | Yugoslavia |
| Teams | 5,888 (preliminaries) 32 (final rounds) |
| Defending champions | Hajduk Split |
| Final positions | |
| Champions | Borac Banja Luka (1st title) |
| Runners-up | Red Star Belgrade |
| Tournament statistics | |
| Matches played | 45 |
The 1987–88 Yugoslav Cup was the 40th season of the top football knockout competition in SFR Yugoslavia, the Yugoslav Cup (Serbo-Croatian : Kup Jugoslavije), also known as the "Marshal Tito Cup" (Kup Maršala Tita), since its establishment in 1946. FK Borac Banja Luka beat FK Crvena Zvezda in the final.
The Yugoslav Cup was a tournament for which clubs from all tiers of the football pyramid were eligible to enter. In addition, amateur teams put together by individual Yugoslav People's Army garrisons and various factories and industrial plants were also encouraged to enter, which meant that each cup edition could have several thousands of teams in its preliminary stages. These teams would play through a number of qualifying rounds before reaching the first round proper, in which they would be paired with top-flight teams.
The cup final was played on 11 May.
| Round | Legs | Dates played | Fixtures | Clubs |
|---|---|---|---|---|
| First round (round of 32) | Single | 13 August 1987 | 16 | 32 → 16 |
| Second round (round of 16) | Double | 19 August and 9 September 1987 | 16 | 16 → 8 |
| Quarter-finals | Double | 18 November and 9 December 1987 | 8 | 8 → 4 |
| Semi-finals | Double | 16 March and 13 April 1988 | 4 | 4 → 2 |
| Final | Single | 11 May 1988 | 1 | 2 → 1 |
In the following tables winning teams are marked in bold; teams from outside top level are marked in italic script.
| Tie no | Home team | Score | Away team |
|---|---|---|---|
| 1 | Belišće | 1–1 (3–5 p) | Red Star |
| 2 | Borac Banja Luka | 1–1 (3–2 p) | Osijek |
| 3 | Borac Čačak | 1–0 | Rijeka |
| 4 | Dinamo Vinkovci | 2–3 | Sarajevo |
| 5 | Iskra Bugojno | 0–0 (4–3 p) | Partizan |
| 6 | Jedinstvo Bijelo Polje | 0–1 | Željezničar Sarajevo |
| 7 | Lučki Radnik Rijeka | 0–2 | Hajduk Split |
| 8 | Mladost Petrinja | 1–0 | Sutjeska Nikšić |
| 9 | Olimpija Ljubljana | 1–4 | Čelik Zenica |
| 10 | Rabotnički | 1–2 | Budućnost Titograd |
| 11 | Radnički Kragujevac | 0–3 | Prishtina |
| 12 | Radnički Niš | 2–1 | Proleter Zrenjanin |
| 13 | Spartak Subotica | 1–1 (3–2 p) | Dinamo Zagreb |
| 14 | Velež | 3–0 | Radnički Pirot |
| 15 | Vlaznimi Đakovica | 0–2 | Vardar |
| 16 | Vojvodina | 3–2 | Sloboda Tuzla |
| Tie no | Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
|---|---|---|---|---|---|
| 1 | Čelik Zenica | 3–4 | Radnički Niš | 2–1 | 1–3 |
| 2 | Iskra Bugojno | 2–4 | Prishtina | 1–1 | 1–3 |
| 3 | Red Star | 2–2 (4–2 p) | Budućnost Titograd | 2–0 | 0–2 |
| 4 | Sarajevo | 4–3 | Hajduk Split | 2–2 | 2–1 |
| 5 | Spartak Subotica | 2–2 (4–5 p) | Borac Banja Luka | 1–1 | 1–1 |
| 6 | Velež | 9–4 | Borac Čačak | 7–1 | 2–3 |
| 7 | Vojvodina | 2–2 (3–1 p) | Mladost Petrinja | 2–0 | 0–2 |
| 8 | Željezničar Sarajevo | 3–6 | Vardar | 3–0 | 0–6 |
| Tie no | Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
|---|---|---|---|---|---|
| 1 | Radnički Niš | 0–6 | Red Star | 0–0 | 0–6 |
| 2 | Vardar | 2–1 | Sarajevo | 2–0 | 0–1 |
| 3 | Velež | 1–2 | Prishtina | 1–2 | 0–0 |
| 4 | Vojvodina | 4–6 | Borac Banja Luka | 3–0 | 1–6 |
| Tie no | Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
|---|---|---|---|---|---|
| 1 | Prishtina | 1–1 (1–4 p) | Borac Banja Luka | 1–1 | 0–0 |
| 2 | Red Star | 2–1 | Vardar | 1–0 | 1–1 |
| Borac Banja Luka | 1–0 | Red Star |
|---|---|---|
| Lupić 60' | Report |
Borac | Red Star |
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