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| 1st(1st leg) | AC Milan | - | Novi Sad XI | 0:0 (0:0) | ||
| 2nd (2nd leg) | Novi Sad XI | - | AC Milan | 2:0 (1:0) | ||
| 1st(1st leg): 30/08/1961 | 2nd (2nd leg): 20/09/1961 | Winner: Novi Sad XI | ||||
| 1st(1st leg) | Hibernian FC | - | Os Belenenses | 3:3 (0:3) | ||
| 2nd (2nd leg) | Os Belenenses | - | Hibernian FC | 1:3 (1:1) | ||
| 1st(1st leg): 04/09/1961 | 2nd (2nd leg): 27/09/1961 | Winner: Hibernian FC | ||||
| 1st(1st leg) | Auswahl Basel | - | Crvena Zvezda | 1:1 (1:1) | ||
| 2nd (2nd leg) | Crvena Zvezda | - | Auswahl Basel | 4:1 (2:1) | ||
| 1st(1st leg): 06/09/1961 | 2nd (2nd leg): 18/10/1961 | Winner: Crvena Zvezda | ||||
| 1st(1st leg) | Stævnet København | - | Dinamo Zagreb | 2:7 (2:3) | ||
| 2nd (2nd leg) | Dinamo Zagreb | - | Stævnet København | 2:2 (1:2) | ||
| 1st(1st leg): 07/09/1961 | 2nd (2nd leg): 04/10/1961 | Winner: Dinamo Zagreb | ||||
| 1st(1st leg) | Olympique Lyon | - | Sheffield Wednesday | 4:2 (3:0) | ||
| 2nd (2nd leg) | Sheffield Wednesday | - | Olympique Lyon | 5:2 (3:1) | ||
| 1st(1st leg): 12/09/1961 | 2nd (2nd leg): 04/10/1961 | Winner: Sheffield Wednesday | ||||
| 1st(1st leg) | RC Strasbourg | - | MTK | 1:3 (0:2) | ||
| 2nd (2nd leg) | MTK | - | RC Strasbourg | 10:2 (3:1) | ||
| 1st(1st leg): 13/09/1961 | 2nd (2nd leg): 17/09/1961 | Winner: MTK | ||||
| 1st(1st leg) | Hannover 96 | - | Espanyol Barcelona | 0:1 (0:0) | ||
| 2nd (2nd leg) | Espanyol Barcelona | - | Hannover 96 | 2:0 (1:0) | ||
| 1st(1st leg): 13/09/1961 | 2nd (2nd leg): 27/09/1961 | Winner: Espanyol Barcelona | ||||
| 1st(1st leg) | Valencia CF | - | Nottingham Forest | 2:0 (2:0) | ||
| 2nd (2nd leg) | Nottingham Forest | - | Valencia CF | 1:5 (0:3) | ||
| 1st(1st leg): 13/09/1961 | 2nd (2nd leg): 04/10/1961 | Winner: Valencia CF | ||||
| 1st(1st leg) | Berliner Auswahl | - | FC Barcelona | 1:0 (0:0) | ||
| 2nd (2nd leg) | FC Barcelona | - | Berliner Auswahl | 3:0 (1:0) | ||
| 1st(1st leg): 20/09/1961 | 2nd (2nd leg): 04/10/1961 | Winner: FC Barcelona | ||||
| 1st(1st leg) | TJ Spartak Brno KPS | - | Leipziger Auswahl | 2:2 (1:2) | ||
| 2nd (2nd leg) | Leipziger Auswahl | - | TJ Spartak Brno KPS | 4:1 (3:0) | ||
| 1st(1st leg): 27/09/1961 | 2nd (2nd leg): 04/10/1961 | Winner: Leipziger Auswahl | ||||
| 1st(1st leg) | Union Saint-Gilloise | - | Heart of Midlothian | 1:3 (1:2) | ||
| 2nd (2nd leg) | Heart of Midlothian | - | Union Saint-Gilloise | 2:0 (0:0) | ||
| 1st(1st leg): 27/09/1961 | 2nd (2nd leg): 04/10/1961 | Winner: Heart of Midlothian | ||||
| 1st(1st leg) | 1. FC Köln | - | Inter | 4:2 (3:1) | ||
| 2nd (2nd leg) | Inter | - | 1. FC Köln | 2:0 (1:0) | ||
| 1st(1st leg): 27/09/1961 | 2nd (2nd leg): 11/10/1961 | Winner: Inter | ||||
| decisive matches | ||||||
|---|---|---|---|---|---|---|
| Inter | - | 1. FC Köln | 5:3 (4:1) | |||
