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| I | Roma | - | FC Zürich | 1:0 (0:0) | ||
| V | FC Zürich | - | Roma | 2:2 (0:1) | ||
| I: 24.11.1998 16:00 | V: 08.12.1998 20:45 | Campeones: Roma | ||||
| I | Bolonia | - | Betis | 4:1 (1:0) | ||
| V | Betis | - | Bolonia | 1:0 (1:0) | ||
| I: 24.11.1998 18:30 | V: 08.12.1998 19:00 | Campeones: Bolonia | ||||
| I | Grasshopper Club Zürich | - | Girondins de Burdeos | 3:3 (2:2) | ||
| V | Girondins de Burdeos | - | Grasshopper Club Zürich | 0:0 (0:0) | ||
| I: 24.11.1998 18:30 | V: 08.12.1998 19:30 | Campeones: Girondins de Burdeos | ||||
| I | Real Sociedad | - | Atlético | 2:1 (1:1) | ||
| V | Atlético | - | Real Sociedad | 4:1 (2:0, 2:1) pró. | ||
| I: 24.11.1998 19:45 | V: 08.12.1998 21:30 | Campeones: Atlético | ||||
| I | Lyon | - | Club Brugge KV | 1:0 (1:0) | ||
| V | Club Brugge KV | - | Lyon | 3:4 (0:1) | ||
| I: 24.11.1998 20:00 | V: 08.12.1998 19:00 | Campeones: Lyon | ||||
| I | Mónaco | - | Marsella | 2:2 (1:2) | ||
| V | Marsella | - | Mónaco | 1:0 (0:0) | ||
| I: 24.11.1998 20:30 | V: 08.12.1998 21:00 | Campeones: Marsella | ||||
| I | Rangers FC | - | Parma AC | 1:1 (0:0) | ||
| V | Parma AC | - | Rangers FC | 3:1 (0:1) | ||
| I: 24.11.1998 20:45 | V: 08.12.1998 14:30 | Campeones: Parma AC | ||||
| I | Celta | - | Liverpool | 3:1 (0:1) | ||
| V | Liverpool | - | Celta | 0:1 (0:0) | ||
| I: 24.11.1998 21:35 | V: 08.12.1998 20:45 | Campeones: Celta | ||||
