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| I | FC Carl Zeiss Jena | - | Wolverhampton Wanderers | 0:1 (0:1) | ||
| V | Wolverhampton Wanderers | - | FC Carl Zeiss Jena | 3:0 (2:0) | ||
| I: 23.11.1971 14:00 | V: 08.12.1971 20:30 | Campeones: Wolverhampton Wanderers | ||||
| I | UT Arad | - | Vitória Setúbal | 3:0 (2:0) | ||
| V | Vitória Setúbal | - | UT Arad | 1:0 (0:0) | ||
| I: 24.11.1971 13:45 | V: 08.12.1971 21:00 | Campeones: UT Arad | ||||
| I | Rapid Wien | - | Juventus | 0:1 (0:1) | ||
| V | Juventus | - | Rapid Wien | 4:1 (1:1) | ||
| I: 24.11.1971 18:30 | V: 08.12.1971 14:30 | Campeones: Juventus | ||||
| I | Eintracht Braunschweig | - | Ferencvárosi TC | 1:1 (0:1) | ||
| V | Ferencvárosi TC | - | Eintracht Braunschweig | 5:2 (2:0) | ||
| I: 24.11.1971 20:00 | V: 08.12.1971 16:30 | Campeones: Ferencvárosi TC | ||||
| I | PSV | - | Lierse SK (old) | 1:0 (0:0) | ||
| V | Lierse SK (old) | - | PSV | 4:0 (1:0) | ||
| I: 24.11.1971 20:00 | V: 08.12.1971 20:00 | Campeones: Lierse SK (old) | ||||
| I | St. Johnstone FC | - | Željezničar Sarajevo | 1:0 (0:0) | ||
| V | Željezničar Sarajevo | - | St. Johnstone FC | 5:1 (3:1) | ||
| I: 24.11.1971 20:30 | V: 08.12.1971 15:30 | Campeones: Željezničar Sarajevo | ||||
| I | Milan | - | Dundee FC | 3:0 (1:0) | ||
| V | Dundee FC | - | Milan | 2:0 (1:0) | ||
| I: 24.11.1971 20:45 | V: 08.12.1971 20:30 | Campeones: Milan | ||||
| I | Tottenham Hotspur | - | Rapid Bucureşti | 3:0 (2:0) | ||
| V | Rapid Bucureşti | - | Tottenham Hotspur | 0:2 (0:0) | ||
| I: 08.12.1971 20:30 | V: 15.12.1971 12:30 | Campeones: Tottenham Hotspur | ||||
