| 1. Round | 19/09/1974 | Fram Reykjavík | - | Real Madrid | 0:2 | ||||
| 1. Round | 01/10/1974 | Real Madrid | - | Fram Reykjavík | 6:0 |  |
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| 2. Round | 23/10/1974 | Real Madrid | - | Austria/WAC | 3:0 | ||||
| 2. Round | 05/11/1974 | Austria/WAC | - | Real Madrid | 2:2 | |
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| Quarter-finals | 04/03/1975 | Real Madrid | - | Crvena Zvezda | 2:0 | |
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| Quarter-finals | 19/03/1975 | Crvena Zvezda | - | Real Madrid | 6:5 pso |
Germany