The 2011 Challengers Cup was the first competition of the Challengers Cup. It was contested between 15 Challengers League teams excluding Gwangju Gwangsan.
| First round | Quarter-finals | Semi-finals | Final | ||||||||||||
| Bucheon FC 1995 (p) | 0 (7) | ||||||||||||||
| Cheongju Jikji | 0 (6) | ||||||||||||||
| Bucheon FC 1995 | 1 | ||||||||||||||
| Asan Citizen | 2 | ||||||||||||||
| Jeonju EM | 1 (2) | ||||||||||||||
| Asan Citizen (p) | 1 (4) | ||||||||||||||
| Asan Citizen | 0 | ||||||||||||||
| Icheon Citizen | 5 | ||||||||||||||
| Yangju FC | 1 | ||||||||||||||
| FC Pocheon | 3 | ||||||||||||||
| FC Pocheon | 2 (5) | ||||||||||||||
| Icheon Citizen (p) | 2 (6) | ||||||||||||||
| Icheon Citizen | bye | ||||||||||||||
—
| — | ||||||||||||||
| Icheon Citizen (p) | 1 (4) | ||||||||||||||
| Gyeongju Citizen | 1 (3) | ||||||||||||||
| Cheonan FC | 1 | ||||||||||||||
| Chuncheon FC | 0 | ||||||||||||||
| Cheonan FC | 2 | ||||||||||||||
| Seoul United | 1 | ||||||||||||||
| Yeonggwang FC | 1 | ||||||||||||||
| Seoul United | 4 | ||||||||||||||
| Cheonan FC | 0 | ||||||||||||||
| Gyeongju Citizen | 5 | ||||||||||||||
| Namyangju United | 1 | ||||||||||||||
| Gyeongju Citizen | 4 | ||||||||||||||
| Gyeongju Citizen (p) | 1 (4) | ||||||||||||||
| Goyang FC | 1 (3) | ||||||||||||||
| Seoul FC Martyrs | 1 | ||||||||||||||
| Goyang FC | 5 | ||||||||||||||
The draw for the first round was held on 21 July 2011.[2]
| Bucheon FC 1995 | 0–0 | Cheongju Jikji |
|---|---|---|
| Penalties | ||
|
7–6 |
|
| Jeonju EM | 1–1 | Asan Citizen |
|---|---|---|
An Min-ho  74' |
Seo Man-hee 56' |
|
| Penalties | ||
| 2–4 | ||
| Yangju FC | 1–3 | FC Pocheon |
|---|---|---|
|
|
| Cheonan FC | 1–0 | Chuncheon FC |
|---|---|---|
| Kim Dong-seok 16' (pen.) |
| Yeonggwang FC | 1–4 | Seoul United |
|---|---|---|
| Chu Jae-ho 68' |
|
| Namyangju United | 1–4 | Gyeongju Citizen |
|---|---|---|
| Jung Byung-yeol 53' |
|
| Seoul FC Martyrs | 1–5 | Goyang FC |
|---|---|---|
| Shin Jae-seok 12' (o.g.) |
|
| Bucheon FC 1995 | 1–2 | Asan Citizen |
|---|---|---|
| Kang Woo-ram 17' |
|
| FC Pocheon | 2–2 | Icheon Citizen |
|---|---|---|
|
|
|
| Penalties | ||
| 5–6 | ||
| Cheonan FC | 2–1 | Seoul United |
|---|---|---|
|
Kwak Hyo-joon 3' |
| Gyeongju Citizen | 1–1 | Goyang FC |
|---|---|---|
| Jung Ji-woon 8' |
Lee Young-kwang 72' (pen.) |
|
| Penalties | ||
|
4–3 |
|
| Asan Citizen | 0–5 | Icheon Citizen |
|---|---|---|
|
| Cheonan FC | 0–5 | Gyeongju Citizen |
|---|---|---|
Baek Il-hong  64'  65' |
|
| Icheon Citizen | 1–1 (a.e.t.) | Gyeongju Citizen |
|---|---|---|
| Kim Kyung-hwan 5' |
Report | Kim Min-sub 44' |
| Penalties | ||
|
4–3 | |
