| 1. Round | 15/09/1971 | Fenerbahçe | - | Ferencvárosi TC | 1:1 | ||||
| 1. Round | 29/09/1971 | Ferencvárosi TC | - | Fenerbahçe | 3:1 | ||||
| 2. Round | 20/10/1971 | Ferencvárosi TC | - | Panionios GSS | 6:0 |  |
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| Round of 16 | 24/11/1971 | Eintracht Braunschweig | - | Ferencvárosi TC | 1:1 | ||||
| Round of 16 | 08/12/1971 | Ferencvárosi TC | - | Eintracht Braunschweig | 5:2 | ||||
| Quarter-finals | 09/03/1972 | Ferencvárosi TC | - | Željezničar Sarajevo | 1:2 | |
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| Quarter-finals | 22/03/1972 | Željezničar Sarajevo | - | Ferencvárosi TC | 4:5 pso | ||||
| Semi-finals | 05/04/1972 | Ferencvárosi TC | - | Wolverhampton Wanderers | 2:2 | |
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| Semi-finals | 19/04/1972 | Wolverhampton Wanderers | - | Ferencvárosi TC | 2:1 |
Hungary