| 16. Round | 21/01/1940 | Lazio Roma | - | Modena FC | 1:1 | ||||
| 17. Round | 28/01/1940 | Modena FC | - | Novara Calcio | 4:1 | ||||
| 18. Round | 04/02/1940 | Bologna FC | - | Modena FC | 1:0 | ||||
| 19. Round | 11/02/1940 | Modena FC | - | Juventus | 1:2 | ||||
| 20. Round | 18/02/1940 | AC Venezia | - | Modena FC | 0:4 | ||||
| 21. Round | 25/02/1940 | Modena FC | - | SSC Napoli | 0:0 | ||||
| 22. Round | 10/03/1940 | AC Liguria | - | Modena FC | 1:1 | ||||
| 23. Round | 17/03/1940 | Modena FC | - | AS Ambrosiana-Inter | 1:2 | ||||
| 24. Round | 24/03/1940 | AS Roma | - | Modena FC | 1:0 | ||||
| 25. Round | 31/03/1940 | Modena FC | - | US Triestina | 2:1 |
Italy