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| I | Colonia | - | Bor. Mönchengladbach | 0:0 (0:0) | ||
| V | Bor. Mönchengladbach | - | Colonia | 5:0 (2:0) | ||
| I: 28.11.1972 20:00 | V: 13.12.1972 20:00 | Campeones: Bor. Mönchengladbach | ||||
| I | OFK Beograd | - | PFC Beroe | 0:0 (0:0) | ||
| V | PFC Beroe | - | OFK Beograd | 1:3 (1:0) | ||
| I: 29.11.1972 13:30 | V: 13.12.1972 13:00 | Campeones: OFK Beograd | ||||
| I | FC Ararat | - | 1. FC Kaiserslautern | 2:0 (1:0) | ||
| V | 1. FC Kaiserslautern | - | FC Ararat | 5:4 (1:0, 2:0, 2:0) pn. | ||
| I: 29.11.1972 16:00 | V: 13.12.1972 20:00 | Campeones: 1. FC Kaiserslautern | ||||
| I | BFC Dynamo | - | Liverpool | 0:0 (0:0) | ||
| V | Liverpool | - | BFC Dynamo | 3:1 (2:1) | ||
| I: 29.11.1972 19:30 | V: 13.12.1972 20:30 | Campeones: Liverpool | ||||
| I | FC Twente '65 | - | Las Palmas | 3:0 (2:0) | ||
| V | Las Palmas | - | FC Twente '65 | 2:1 (1:0) | ||
| I: 29.11.1972 20:00 | V: 13.12.1972 20:30 | Campeones: FC Twente '65 | ||||
| I | Tottenham Hotspur | - | Crvena Zvezda | 2:0 (1:0) | ||
| V | Crvena Zvezda | - | Tottenham Hotspur | 1:0 (0:0) | ||
| I: 29.11.1972 20:30 | V: 13.12.1972 16:00 | Campeones: Tottenham Hotspur | ||||
| I | Oporto | - | Dynamo Dresden | 1:2 (0:1) | ||
| V | Dynamo Dresden | - | Oporto | 1:0 (0:0) | ||
| I: 29.11.1972 22:45 | V: 13.12.1972 20:00 | Campeones: Dynamo Dresden | ||||
| I | Vitória Setúbal | - | Inter | 2:0 (1:0) | ||
| V | Inter | - | Vitória Setúbal | 1:0 (1:0) | ||
| I: 29.11.1972 22:45 | V: 13.12.1972 13:00 | Campeones: Vitória Setúbal | ||||
