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| 1st(1st leg) | 1. FC Magdeburg | - | TPS Turku | 6:0 (4:0) | ||
| 2nd (2nd leg) | TPS Turku | - | 1. FC Magdeburg | 1:3 (0:0) | ||
| 1st(1st leg): 13/09/1972 | 2nd (2nd leg): 27/09/1972 | Winner: 1. FC Magdeburg | ||||
| 1st(1st leg) | Aris Bonnevoie | - | Argeș Pitești | 0:2 (0:0) | ||
| 2nd (2nd leg) | Argeș Pitești | - | Aris Bonnevoie | 4:0 (3:0) | ||
| 1st(1st leg): 13/09/1972 | 2nd (2nd leg): 27/09/1972 | Winner: Argeș Pitești | ||||
| 1st(1st leg) | Sliema Wanderers | - | Górnik Zabrze | 0:5 (0:3) | ||
| 2nd (2nd leg) | Górnik Zabrze | - | Sliema Wanderers | 5:0 (2:0) | ||
| 1st(1st leg): 13/09/1972 15:00 | 2nd (2nd leg): 27/09/1972 14:30 | Winner: Górnik Zabrze | ||||
| 1st(1st leg) | Újpesti Dózsa SC | - | FC Basel | 2:0 (0:0) | ||
| 2nd (2nd leg) | FC Basel | - | Újpesti Dózsa SC | 3:2 (0:0) | ||
| 1st(1st leg): 13/09/1972 16:30 | 2nd (2nd leg): 27/09/1972 19:00 | Winner: Újpesti Dózsa SC | ||||
| 1st(1st leg) | CSKA Sofia | - | Panathinaikos | 2:1 (1:0) | ||
| 2nd (2nd leg) | Panathinaikos | - | CSKA Sofia | 0:2 (0:1) | ||
| 1st(1st leg): 13/09/1972 17:00 | 2nd (2nd leg): 27/10/1972 13:00 | Winner: CSKA Sofia | ||||
| 1st(1st leg) | Waterford AFC | - | Omonia Nikosia | 2:1 (2:0) | ||
| 2nd (2nd leg) | Omonia Nikosia | - | Waterford AFC | 2:0 (1:0) | ||
| 1st(1st leg): 13/09/1972 17:30 | 2nd (2nd leg): 27/09/1972 13:15 | Winner: Omonia Nikosia | ||||
| 1st(1st leg) | Galatasaray | - | Bayern München | 1:1 (0:0) | ||
| 2nd (2nd leg) | Bayern München | - | Galatasaray | 6:0 (3:0) | ||
| 1st(1st leg): 13/09/1972 18:00 | 2nd (2nd leg): 27/09/1972 19:00 | Winner: Bayern München | ||||
| 1st(1st leg) | Malmö FF | - | SL Benfica | 1:0 (1:0) | ||
| 2nd (2nd leg) | SL Benfica | - | Malmö FF | 4:1 (3:0) | ||
| 1st(1st leg): 13/09/1972 18:00 | 2nd (2nd leg): 27/09/1972 21:45 | Winner: SL Benfica | ||||
| 1st(1st leg) | SSW Innsbruck | - | Dinamo Kiev | 0:1 (0:0) | ||
| 2nd (2nd leg) | Dinamo Kiev | - | SSW Innsbruck | 2:0 (1:0) | ||
| 1st(1st leg): 13/09/1972 18:30 | 2nd (2nd leg): 27/09/1972 17:00 | Winner: Dinamo Kiev | ||||
| 1st(1st leg) | RSC Anderlecht | - | Vejle BK | 4:2 (1:0) | ||
| 2nd (2nd leg) | Vejle BK | - | RSC Anderlecht | 0:3 (0:0) | ||
| 1st(1st leg): 13/09/1972 19:00 | 2nd (2nd leg): 27/09/1972 18:30 | Winner: RSC Anderlecht | ||||
| 1st(1st leg) | Derby County | - | Željezničar Sarajevo | 2:0 (1:0) | ||
| 2nd (2nd leg) | Željezničar Sarajevo | - | Derby County | 1:2 (0:2) | ||
| 1st(1st leg): 13/09/1972 19:30 | 2nd (2nd leg): 27/09/1972 17:30 | Winner: Derby County | ||||
| 1st(1st leg) | Olympique Marseille | - | Juventus | 1:0 (0:0) | ||
| 2nd (2nd leg) | Juventus | - | Olympique Marseille | 3:0 (3:0) | ||
| 1st(1st leg): 13/09/1972 19:30 | 2nd (2nd leg): 27/09/1972 20:00 | Winner: Juventus | ||||
| 1st(1st leg) | Real Madrid | - | ÍB Keflavík | 3:0 (2:0) | ||
| 2nd (2nd leg) | ÍB Keflavík | - | Real Madrid | 0:1 (0:0) | ||
| 1st(1st leg): 13/09/1972 19:30 | 2nd (2nd leg): 27/09/1972 17:30 | Winner: Real Madrid | ||||
| 1st(1st leg) | Celtic FC | - | Rosenborg BK | 2:1 (2:0) | ||
| 2nd (2nd leg) | Rosenborg BK | - | Celtic FC | 1:3 (1:0) | ||
| 1st(1st leg): 13/09/1972 19:45 | 2nd (2nd leg): 27/09/1972 18:30 | Winner: Celtic FC | ||||
