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| I | Everton | - | Panathinaikos | 1:1 (0:0) | ||
| V | Panathinaikos | - | Everton | 0:0 (0:0) | ||
| I: 09.03.1971 | V: 24.03.1971 | Campeones: Panathinaikos | ||||
| I | Atlético | - | Legia Warszawa | 1:0 (1:0) | ||
| V | Legia Warszawa | - | Atlético | 2:1 (1:1) | ||
| I: 10.03.1971 | V: 24.03.1971 | Campeones: Atlético | ||||
| I | AFC Ajax | - | Celtic FC | 3:0 (0:0) | ||
| V | Celtic FC | - | AFC Ajax | 1:0 (1:0) | ||
| I: 10.03.1971 | V: 24.03.1971 | Campeones: AFC Ajax | ||||
| I | FC Carl Zeiss Jena | - | Crvena Zvezda | 3:2 (2:1) | ||
| V | Crvena Zvezda | - | FC Carl Zeiss Jena | 4:0 (2:0) | ||
| I: 10.03.1971 | V: 24.03.1971 | Campeones: Crvena Zvezda | ||||
