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| 1st(1st leg) | Heart of Midlothian | - | Vålerenga IF | 1:0 (1:0) | ||
| 2nd (2nd leg) | Vålerenga IF | - | Heart of Midlothian | 1:3 (0:2) | ||
| 1st(1st leg): 18/10/1965 | 2nd (2nd leg): 27/10/1965 | Winner: Heart of Midlothian | ||||
| 1st(1st leg) | Aris Saloniki | - | 1. FC Köln | 2:1 (1:0) | ||
| 2nd (2nd leg) | 1. FC Köln | - | Aris Saloniki | 2:0 (0:0) | ||
| 1st(1st leg): 26/10/1965 | 2nd (2nd leg): 16/11/1965 | Winner: 1. FC Köln | ||||
| 1st(1st leg) | Újpesti Dózsa SC | - | Everton FC | 3:0 (2:0) | ||
| 2nd (2nd leg) | Everton FC | - | Újpesti Dózsa SC | 2:1 (1:1) | ||
| 1st(1st leg): 03/11/1965 | 2nd (2nd leg): 16/11/1965 | Winner: Újpesti Dózsa SC | ||||
| 1st(1st leg) | Dunfermline Athletic | - | B 1903 København | 5:0 (1:0) | ||
| 2nd (2nd leg) | B 1903 København | - | Dunfermline Athletic | 2:4 (1:2) | ||
| 1st(1st leg): 03/11/1965 | 2nd (2nd leg): 17/11/1965 | Winner: Dunfermline Athletic | ||||
| 1st(1st leg) | Göztepe | - | TSV 1860 München | 2:1 (0:0) | ||
| 2nd (2nd leg) | TSV 1860 München | - | Göztepe | 9:1 (5:1) | ||
| 1st(1st leg): 03/11/1965 | 2nd (2nd leg): 23/11/1965 | Winner: TSV 1860 München | ||||
| 1st(1st leg) | AIK Solna | - | Servette FC | 2:1 (2:0) | ||
| 2nd (2nd leg) | Servette FC | - | AIK Solna | 4:1 (2:0) | ||
| 1st(1st leg): 04/11/1965 | 2nd (2nd leg): 13/11/1965 | Winner: Servette FC | ||||
| 1st(1st leg) | Sporting CP | - | Espanyol Barcelona | 2:1 (0:0) | ||
| 2nd (2nd leg) | Espanyol Barcelona | - | Sporting CP | 4:3 (0:2) | ||
| 1st(1st leg): 10/11/1965 | 2nd (2nd leg): 24/11/1965 | Winner: Sporting CP | ||||
| 1st(1st leg) | Hannover 96 | - | FC Porto | 5:0 (2:0) | ||
| 2nd (2nd leg) | FC Porto | - | Hannover 96 | 2:1 (1:1) | ||
| 1st(1st leg): 10/11/1965 | 2nd (2nd leg): 08/12/1965 | Winner: Hannover 96 | ||||
| 1st(1st leg) | Shamrock Rovers | - | Real Zaragoza | 1:1 (1:0) | ||
| 2nd (2nd leg) | Real Zaragoza | - | Shamrock Rovers | 2:1 (1:1) | ||
| 1st(1st leg): 17/11/1965 | 2nd (2nd leg): 24/11/1965 | Winner: Real Zaragoza | ||||
| 1st(1st leg) | NK Zagreb | - | Steagul Roșu Brașov | 2:2 (0:0) | ||
| 2nd (2nd leg) | Steagul Roșu Brașov | - | NK Zagreb | 1:0 (1:0) | ||
| 1st(1st leg): 17/11/1965 | 2nd (2nd leg): 24/11/1965 | Winner: Steagul Roșu Brașov | ||||
| 1st(1st leg) | Wiener Sport-Club | - | Chelsea FC | 1:0 (0:0) | ||
| 2nd (2nd leg) | Chelsea FC | - | Wiener Sport-Club | 2:0 (2:0) | ||
| 1st(1st leg): 17/11/1965 | 2nd (2nd leg): 01/12/1965 | Winner: Chelsea FC | ||||
| 1st(1st leg) | Royal Antwerp FC | - | FC Barcelona | 2:1 (2:1) | ||
| 2nd (2nd leg) | FC Barcelona | - | Royal Antwerp FC | 2:0 (1:0) | ||
| 1st(1st leg): 17/11/1965 | 2nd (2nd leg): 01/12/1965 | Winner: FC Barcelona | ||||
| 1st(1st leg) | SC Leipzig | - | Leeds United | 1:2 (0:0) | ||
| 2nd (2nd leg) | Leeds United | - | SC Leipzig | 0:0 (0:0) | ||
| 1st(1st leg): 24/11/1965 | 2nd (2nd leg): 01/12/1965 | Winner: Leeds United | ||||
| 1st(1st leg) | ACF Fiorentina | - | TJ Spartak ZJŠ Brno | 2:0 (1:0) | ||
| 2nd (2nd leg) | TJ Spartak ZJŠ Brno | - | ACF Fiorentina | 4:0 (1:0) | ||
| 1st(1st leg): 24/11/1965 | 2nd (2nd leg): 05/12/1965 | Winner: TJ Spartak ZJŠ Brno | ||||
| 1st(1st leg) | FC Basel | - | Valencia CF | 1:3 (1:2) | ||
| 2nd (2nd leg) | Valencia CF | - | FC Basel | 5:1 (4:0) | ||
| 1st(1st leg): 24/11/1965 | 2nd (2nd leg): 08/12/1965 | Winner: Valencia CF | ||||
| 1st(1st leg) | CD da CUF Barreiro | - | AC Milan | 2:0 (0:0) | ||
| 2nd (2nd leg) | AC Milan | - | CD da CUF Barreiro | 2:0 (1:0) | ||
| 1st(1st leg): 01/12/1965 | 2nd (2nd leg): 08/12/1965 | |||||
| decisive matches | ||||||
|---|---|---|---|---|---|---|
| Espanyol Barcelona | - | Sporting CP | 2:1 (2:1) | |||
| AC Milan | - | CD da CUF Barreiro | 1:0 (0:0) | |||
