| 1. Runde | 13.09.1972 | Crvena Zvezda | - | Lausanne Sports | 5:1 |  |
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| 1. Runde | 27.09.1972 | Lausanne Sports | - | Crvena Zvezda | 3:2 | |
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| 2. Runde | 25.10.1972 | Crvena Zvezda | - | Valencia CF | 3:1 | ||||
| 2. Runde | 08.11.1972 | Valencia CF | - | Crvena Zvezda | 0:1 | ||||
| Achtelfinale | 29.11.1972 | Tottenham Hotspur | - | Crvena Zvezda | 2:0 |
Serbien