The 1987–88 Greek Football Cup was the 46th edition of the Greek Football Cup.

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1987–88 Greek Cup

Tournament details
Country	Greece
Teams	70
Defending champions	OFI
Final positions
Champions	Panathinaikos (10th title)
Runner-up	Olympiacos
Tournament statistics
Matches played	99
Top goal scorer(s)	Dimitris Saravakos (10 goals)
← 1986–87 1988–89 →

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Totally 70 teams participated, 16 from Alpha Ethniki, 18 from Beta, and 36 from Gamma. It was held in 7 rounds, included final. An additional round was held between first and second, with 3 matches, in order that the teams would continue to be 32.

It was an enough eventful year, that was marked by hard confrontations in the cases of "strong" pairs. In third round, Olympiacos eliminated AEK Athens with 1–1 draw at home and 3–1 win away, in a much debated match (there were allegations for some of AEK's players being bribed to have low performance). In semi-finals, Olympiacos eliminated cup winners, OFI, and Panathinaikos the champions of the season, AEL.

The final between the eternal enemies was an opportunity for a good season ending with a title, as both teams were struggling in the championship. The match was nervous, however kept effervescent interesting until the end, since it was judged on the penalty shoot-out, after a 2–2^[1] draw (3 out of 4 goals was scored by penalties).^[2] Nikos Sarganis was the man of the match, warding off two shots and scoring one in the process. For Olympiacos it was the third time that they lost a cup final on penalty shoot-out (the other two in 1974 and 1976). Dimitris Saravakos with 10 goals was the top scorer.

Each tie in the knockout phase, apart from the first two rounds and the final, was played over two legs, with each team playing one leg at home. The team that scored more goals on aggregate over the two legs advanced to the next round. If the aggregate score was level, the away goals rule was applied, i.e. the team that scored more goals away from home over the two legs advanced. If away goals were also equal, then extra time was played. The away goals rule was again applied after extra time, i.e. if there were goals scored during extra time and the aggregate score was still level, the visiting team advanced by virtue of more away goals scored. If no goals were scored during extra time, the winners were decided by a penalty shoot-out. In the first two rounds and the final, which were played as a single match, if the score was level at the end of normal time, extra time was played, followed by a penalty shoot-out if the score was still level.
The mechanism of the draws for each round is as follows:

• There are no seedings, and teams from the same group can be drawn against each other.

The 44th Greek Cup Final was played at the Olympic Stadium.

GK Nikos Sarganis DF Iakovos Chatziathanasiou DF Kostas Mavridis DF Ioannis Kalitzakis DF Nikos Vamvakoulas MF Velimir Zajec (c)   75' MF Louis Christodoulou   46' MF Christos Dimopoulos MF Juan Ramon Rocha FW Dimitris Saravakos FW Lysandros Georgamlis Substitutes: GK Antonis Minou DF Nikos Patsiavouras MF Vangelis Vlachos   75' MF Chris Kalantzis FW Kostas Batsinilas  79'   46' Manager: Gunder Bengtsson

GK Ilias Talikriadis DF Stratos Apostolakis DF Alexis Alexiou DF Haris Baniotis DF Petros Xanthopoulos (c) MF Minas Hantzidis MF Yiotis Tsalouchidis MF Andreas Bonovas  46' MF Tasos Mitropoulos FW Juan Gilberto Funes FW Nikos Tsiantakis Substitutes: GK Georgios Plitsis DF Theodoros Pahatouridis MF Giorgos Kapouranis FW Panagiotis Sofianopoulos FW Sakis Moustakidis  46' Manager: Pavlos Grigoriadis, Ioannis Gounaris