| 1. Round | 29/08/1965 | ÍB Keflavík | - | Ferencvárosi TC | 1:4 |  |
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| 1. Round | 08/09/1965 | Ferencvárosi TC | - | ÍB Keflavík | 9:1 | |
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| Round of 16 | 10/11/1965 | Ferencvárosi TC | - | Panathinaikos | 0:0 | ||||
| Round of 16 | 17/11/1965 | Panathinaikos | - | Ferencvárosi TC | 1:3 | |
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| Quarter-finals | 23/02/1966 | Inter | - | Ferencvárosi TC | 4:0 | ||||
| Quarter-finals | 02/03/1966 | Ferencvárosi TC | - | Inter | 1:1 |
Hungary