 |
 |
|
| 1st(1st leg) | Valur Reykjavík | - | Standard Liège | 1:1 (0:0) | ||
| 2nd (2nd leg) | Standard Liège | - | Valur Reykjavík | 8:1 (5:1) | ||
| 1st(1st leg): 22/08/1966 | 2nd (2nd leg): 31/08/1966 | Winner: Standard Liège | ||||
|
|
|
| 1st(1st leg) | Valur Reykjavík | - | Standard Liège | 1:1 (0:0) | ||
| 2nd (2nd leg) | Standard Liège | - | Valur Reykjavík | 8:1 (5:1) | ||
| 1st(1st leg): 22/08/1966 | 2nd (2nd leg): 31/08/1966 | Winner: Standard Liège | ||||
