| Group A | 27/09/1995 | Panathinaikos | - | FC Nantes | 3:1 |  |
|||
| Group A | 18/10/1995 | FC Porto | - | Panathinaikos | 0:1 | ||||
| Group A | 25/10/1995 | Aalborg BK | - | Panathinaikos | 2:1 |  |
|||
| Group A | 01/11/1995 | Panathinaikos | - | FC Porto | 0:0 | |
|||
| Group A | 22/11/1995 | Panathinaikos | - | Aalborg BK | 2:0 | |
|||
| Quarter-finals | 05/03/1996 | Legia Warszawa | - | Panathinaikos | 0:0 | |
|||
| Semi-finals | 03/04/1996 | AFC Ajax | - | Panathinaikos | 0:1 | ||||
| Semi-finals | 17/04/1996 | Panathinaikos | - | AFC Ajax | 0:3 |
Greece