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| 1st(1st leg) | Ferencvárosi TC | - | Crvena Zvezda | 2:1 (1:0) | ||
| 2nd (2nd leg) | Crvena Zvezda | - | Ferencvárosi TC | 2:2 (0:1) | ||
| 1st(1st leg): 09/04/1975 | 2nd (2nd leg): 23/04/1975 | Winner: Ferencvárosi TC | ||||
| 1st(1st leg) | Dinamo Kiev | - | PSV Eindhoven | 3:0 (2:0) | ||
| 2nd (2nd leg) | PSV Eindhoven | - | Dinamo Kiev | 2:1 (1:0) | ||
| 1st(1st leg): 09/04/1975 | 2nd (2nd leg): 23/04/1975 | Winner: Dinamo Kiev | ||||
