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| I | Real Madrid | - | Crvena Zvezda | 2:0 (1:0) | ||
| V | Crvena Zvezda | - | Real Madrid | 6:5 (1:0, 2:0, 2:0) pn. | ||
| I: 05.03.1975 | V: 19.03.1975 | Campeones: Crvena Zvezda | ||||
| I | Malmoe | - | Ferencvárosi TC | 1:3 (0:1) | ||
| V | Ferencvárosi TC | - | Malmoe | 1:1 (0:1) | ||
| I: 05.03.1975 | V: 19.03.1975 | Campeones: Ferencvárosi TC | ||||
| I | PSV | - | Benfica | 0:0 (0:0) | ||
| V | Benfica | - | PSV | 1:2 (1:1) | ||
| I: 05.03.1975 | V: 19.03.1975 | Campeones: PSV | ||||
| I | Bursaspor | - | Dinamo Kiev | 0:1 (0:1) | ||
| V | Dinamo Kiev | - | Bursaspor | 2:0 (0:0) | ||
| I: 05.03.1975 | V: 19.03.1975 | Campeones: Dinamo Kiev | ||||
