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| I | Ferencvárosi TC | - | Crvena Zvezda | 2:1 (1:0) | ||
| V | Crvena Zvezda | - | Ferencvárosi TC | 2:2 (0:1) | ||
| I: 09.04.1975 | V: 23.04.1975 | Campeones: Ferencvárosi TC | ||||
| I | Dinamo Kiev | - | PSV | 3:0 (2:0) | ||
| V | PSV | - | Dinamo Kiev | 2:1 (1:0) | ||
| I: 09.04.1975 | V: 23.04.1975 | Campeones: Dinamo Kiev | ||||
