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| 1st(1st leg) | Beşiktaş | - | AJ Auxerre | 2:2 (2:0) | ||
| 2nd (2nd leg) | AJ Auxerre | - | Beşiktaş | 2:0 (1:0) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: AJ Auxerre | ||||
| 1st(1st leg) | Brøndby IF | - | Arsenal FC | 1:2 (0:2) | ||
| 2nd (2nd leg) | Arsenal FC | - | Brøndby IF | 2:2 (1:1) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: Arsenal FC | ||||
| 1st(1st leg) | Club Brugge KV | - | Panathinaikos | 1:0 (1:0) | ||
| 2nd (2nd leg) | Panathinaikos | - | Club Brugge KV | 0:0 (0:0) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: Club Brugge KV | ||||
| 1st(1st leg) | Chelsea FC | - | Austria Wien | 0:0 (0:0) | ||
| 2nd (2nd leg) | Austria Wien | - | Chelsea FC | 1:1 (0:1) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: Chelsea FC | ||||
| 1st(1st leg) | Feyenoord | - | Werder Bremen | 1:0 (0:0) | ||
| 2nd (2nd leg) | Werder Bremen | - | Feyenoord | 3:4 (1:2) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: Feyenoord | ||||
| 1st(1st leg) | FC Porto | - | Ferencvárosi TC | 6:0 (3:0) | ||
| 2nd (2nd leg) | Ferencvárosi TC | - | FC Porto | 2:0 (1:0) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: FC Porto | ||||
| 1st(1st leg) | Sampdoria | - | Grasshopper Club Zürich | 3:0 (1:0) | ||
| 2nd (2nd leg) | Grasshopper Club Zürich | - | Sampdoria | 3:2 (1:2) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: Sampdoria | ||||
| 1st(1st leg) | FC Tatran Prešov | - | Real Zaragoza | 0:4 (0:2) | ||
| 2nd (2nd leg) | Real Zaragoza | - | FC Tatran Prešov | 2:1 (1:1) | ||
| 1st(1st leg): 20/10/1994 | 2nd (2nd leg): 03/11/1994 | Winner: Real Zaragoza | ||||
