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| I | Rosenborg BK | - | Dinamo Kiev | 1:4 (0:3) | ||
| V | Dinamo Kiev | - | Rosenborg BK | 2:0 (2:0) | ||
| I: 24.10.1965 | V: 28.10.1965 | Campeones: Dinamo Kiev | ||||
| I | AS Dukla Praha | - | Budapest Honved SE | 2:3 (1:3) | ||
| V | Budapest Honved SE | - | AS Dukla Praha | 1:2 (1:0) | ||
| I: 03.11.1965 | V: 10.11.1965 | Campeones: Budapest Honved SE | ||||
| I | Aarhus GF | - | Celtic FC | 0:1 (0:1) | ||
| V | Celtic FC | - | Aarhus GF | 2:0 (2:0) | ||
| I: 03.11.1965 | V: 17.11.1965 | Campeones: Celtic FC | ||||
| I | Borussia Dortmund | - | CSKA Sofia | 3:0 (2:0) | ||
| V | CSKA Sofia | - | Borussia Dortmund | 4:2 (2:2) | ||
| I: 10.11.1965 | V: 24.11.1965 | Campeones: Borussia Dortmund | ||||
| I | 1. FC Magdeburg | - | FC Sion | 8:1 (3:1) | ||
| V | FC Sion | - | 1. FC Magdeburg | 2:2 (0:2) | ||
| I: 17.11.1965 | V: 24.11.1965 | Campeones: 1. FC Magdeburg | ||||
| I | Ştiinţa Cluj | - | Atlético | 0:2 (0:0) | ||
| V | Atlético | - | Ştiinţa Cluj | 4:0 (2:0) | ||
| I: 17.11.1965 | V: 15.12.1965 | Campeones: Atlético | ||||
| I | West Ham United | - | Olympiacos | 4:0 (2:0) | ||
| V | Olympiacos | - | West Ham United | 2:2 (0:1) | ||
| I: 24.11.1965 | V: 01.12.1965 | Campeones: West Ham United | ||||
| I | Liverpool | - | Standard Liège | 3:1 (1:0) | ||
| V | Standard Liège | - | Liverpool | 1:2 (1:0) | ||
| I: 24.11.1965 | V: 15.12.1965 | Campeones: Liverpool | ||||
