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| 1st(1st leg) | RFC Liège | - | Atlético Madrid | 1:0 (0:0) | ||
| 2nd (2nd leg) | Atlético Madrid | - | RFC Liège | 2:0 (1:0) | ||
| 1st(1st leg): 13/01/1965 | 2nd (2nd leg): 03/03/1965 | Winner: Atlético Madrid | ||||
| 1st(1st leg) | Manchester United | - | Everton FC | 1:1 (1:1) | ||
| 2nd (2nd leg) | Everton FC | - | Manchester United | 1:2 (0:1) | ||
| 1st(1st leg): 20/01/1965 | 2nd (2nd leg): 09/02/1965 | Winner: Manchester United | ||||
| 1st(1st leg) | RC Strasbourg | - | FC Barcelona | 0:0 (0:0) | ||
| 2nd (2nd leg) | FC Barcelona | - | RC Strasbourg | 2:2 (0:2) | ||
| 1st(1st leg): 20/01/1965 | 2nd (2nd leg): 10/02/1965 | Winner: RC Strasbourg | ||||
| 1st(1st leg) | Athletic Bilbao | - | Dunfermline Athletic | 1:0 (0:0) | ||
| 2nd (2nd leg) | Dunfermline Athletic | - | Athletic Bilbao | 1:0 (1:0) | ||
| 1st(1st leg): 27/01/1965 | 2nd (2nd leg): 03/03/1965 | |||||
| 1st(1st leg) | Juventus | - | Lokomotiv Plovdiv | 1:1 (1:0) | ||
| 2nd (2nd leg) | Lokomotiv Plovdiv | - | Juventus | 1:1 (1:1) | ||
| 1st(1st leg): 17/02/1965 | 2nd (2nd leg): 10/03/1965 | |||||
| 1st(1st leg) | AS Roma | - | Ferencvárosi TC | 1:2 (0:1) | ||
| 2nd (2nd leg) | Ferencvárosi TC | - | AS Roma | 1:0 (1:0) | ||
| 1st(1st leg): 10/03/1965 | 2nd (2nd leg): 16/03/1965 | Winner: Ferencvárosi TC | ||||
| decisive matches | ||||||
|---|---|---|---|---|---|---|
| Athletic Bilbao | - | Dunfermline Athletic | 2:1 (1:0) | |||
| FC Barcelona | - | RC Strasbourg | 0:0 (0:0, 0:0) aet | |||
| Juventus | - | Lokomotiv Plovdiv | 2:1 (1:1, 1:1) aet | |||
