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| 1st(1st leg) | Atlético Madrid | - | Aston Villa | 1:0 (1:0) | ||
| 2nd (2nd leg) | Aston Villa | - | Atlético Madrid | 2:1 (0:1) | ||
| 1st(1st leg): 03/03/1998 | 2nd (2nd leg): 17/03/1998 | Winner: Atlético Madrid | ||||
| 1st(1st leg) | Inter | - | FC Schalke 04 | 1:0 (1:0) | ||
| 2nd (2nd leg) | FC Schalke 04 | - | Inter | 1:1 (0:0, 1:0) aet | ||
| 1st(1st leg): 03/03/1998 | 2nd (2nd leg): 17/03/1998 | Winner: Inter | ||||
| 1st(1st leg) | AFC Ajax | - | Spartak Moskva | 1:3 (0:1) | ||
| 2nd (2nd leg) | Spartak Moskva | - | AFC Ajax | 1:0 (0:0) | ||
| 1st(1st leg): 03/03/1998 | 2nd (2nd leg): 17/03/1998 | Winner: Spartak Moskva | ||||
| 1st(1st leg) | Lazio Roma | - | AJ Auxerre | 1:0 (0:0) | ||
| 2nd (2nd leg) | AJ Auxerre | - | Lazio Roma | 2:2 (1:2) | ||
| 1st(1st leg): 03/03/1998 | 2nd (2nd leg): 17/03/1998 | Winner: Lazio Roma | ||||
