Remaining without a club before the start of the 1991–92 season, Wark trained with Ipswich to keep fit, and rejected interest in his services from Leyton Orient, Colchester United and Falkirk. When Ipswich suffered a succession of injuries among their defenders, they offered him a contract, initially on a week-by-week basis, before securing a year-long deal. Wark made 43 appearances in the first season of his third spell with the club. Early results in the season were excellent; the club won seven of their first 11 matches in the league. In the FA Cup, Ipswich progressed to a fifth round encounter against Liverpool; when the tie went to a replay at Anfield, Wark received a standing ovation from both sets of fans. Ipswich lost the match, and their league form subsided somewhat thereafter, but they were still crowned Second Division champions and were promoted into the newly formed Premier League. Wark ended the season as the club's Player of the Year for the third time.