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| 1st(1st leg) | RC Celta | - | Arsenal FC | 2:3 (1:1) | ||
| 2nd (2nd leg) | Arsenal FC | - | RC Celta | 2:0 (2:0) | ||
| 1st(1st leg): 24/02/2004 19:45 | 2nd (2nd leg): 10/03/2004 19:45 | Winner: Arsenal FC | ||||
| 1st(1st leg) | Bayern München | - | Real Madrid | 1:1 (0:0) | ||
| 2nd (2nd leg) | Real Madrid | - | Bayern München | 1:0 (1:0) | ||
| 1st(1st leg): 24/02/2004 19:45 | 2nd (2nd leg): 10/03/2004 19:45 | Winner: Real Madrid | ||||
| 1st(1st leg) | AC Sparta Praha | - | AC Milan | 0:0 (0:0) | ||
| 2nd (2nd leg) | AC Milan | - | AC Sparta Praha | 4:1 (1:0) | ||
| 1st(1st leg): 24/02/2004 19:45 | 2nd (2nd leg): 10/03/2004 19:45 | Winner: AC Milan | ||||
| 1st(1st leg) | Lokomotiv Moskva | - | AS Monaco | 2:1 (1:0) | ||
| 2nd (2nd leg) | AS Monaco | - | Lokomotiv Moskva | 1:0 (0:0) | ||
| 1st(1st leg): 24/02/2004 19:45 | 2nd (2nd leg): 10/03/2004 19:45 | Winner: AS Monaco | ||||
| 1st(1st leg) | VfB Stuttgart | - | Chelsea FC | 0:1 (0:1) | ||
| 2nd (2nd leg) | Chelsea FC | - | VfB Stuttgart | 0:0 (0:0) | ||
| 1st(1st leg): 25/02/2004 19:45 | 2nd (2nd leg): 09/03/2004 19:45 | Winner: Chelsea FC | ||||
| 1st(1st leg) | FC Porto | - | Manchester United | 2:1 (1:1) | ||
| 2nd (2nd leg) | Manchester United | - | FC Porto | 1:1 (1:0) | ||
| 1st(1st leg): 25/02/2004 19:45 | 2nd (2nd leg): 09/03/2004 19:45 | Winner: FC Porto | ||||
| 1st(1st leg) | Real Sociedad | - | Olympique Lyon | 0:1 (0:1) | ||
| 2nd (2nd leg) | Olympique Lyon | - | Real Sociedad | 1:0 (0:0) | ||
| 1st(1st leg): 25/02/2004 19:45 | 2nd (2nd leg): 09/03/2004 19:45 | Winner: Olympique Lyon | ||||
| 1st(1st leg) | Deportivo La Coruña | - | Juventus | 1:0 (1:0) | ||
| 2nd (2nd leg) | Juventus | - | Deportivo La Coruña | 0:1 (0:1) | ||
| 1st(1st leg): 25/02/2004 19:45 | 2nd (2nd leg): 09/03/2004 19:45 | Winner: Deportivo La Coruña | ||||
