| Round of 16 | 14/11/1956 | Crvena Zvezda | - | Rapid JC Heerlen | 2:0 | ||||
| Quarter-finals | 17/02/1957 | Crvena Zvezda | - | CDNA Sofia | 3:1 |  |
|||
| Quarter-finals | 24/02/1957 | CDNA Sofia | - | Crvena Zvezda | 2:1 | ||||
| Semi-finals | 03/04/1957 | Crvena Zvezda | - | ACF Fiorentina | 0:1 | ||||
| Semi-finals | 18/04/1957 | ACF Fiorentina | - | Crvena Zvezda | 0:0 |
Serbia