| 3. Round | 18/09/2011 | Olympiakos Piraeus | - | Skoda Xanthi | 2:1 |  |
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| 4. Round | 24/09/2011 | Ergotelis | - | Olympiakos Piraeus | 2:3 | ||||
| 5. Round | 02/10/2011 | Olympiakos Piraeus | - | PAOK Saloniki | 2:1 | ||||
| 6. Round | 15/10/2011 | AEK Athen | - | Olympiakos Piraeus | 1:1 | ||||
| 7. Round | 23/10/2011 | Panionios GSS | - | Olympiakos Piraeus | 0:3 | ||||
| 8. Round | 29/10/2011 | Olympiakos Piraeus | - | OFI Heraklion | 2:2 |
Argentina
Italy