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| H | Everton FC | - | Panathinaikos | 1:1 (0:0) | ||
| R | Panathinaikos | - | Everton FC | 0:0 (0:0) | ||
| H: 09.03.1971 | R: 24.03.1971 | Sieger: Panathinaikos | ||||
| H | Atlético Madrid | - | Legia Warszawa | 1:0 (1:0) | ||
| R | Legia Warszawa | - | Atlético Madrid | 2:1 (1:1) | ||
| H: 10.03.1971 | R: 24.03.1971 | Sieger: Atlético Madrid | ||||
| H | AFC Ajax | - | Celtic FC | 3:0 (0:0) | ||
| R | Celtic FC | - | AFC Ajax | 1:0 (1:0) | ||
| H: 10.03.1971 | R: 24.03.1971 | Sieger: AFC Ajax | ||||
| H | FC Carl Zeiss Jena | - | Crvena Zvezda | 3:2 (2:1) | ||
| R | Crvena Zvezda | - | FC Carl Zeiss Jena | 4:0 (2:0) | ||
| H: 10.03.1971 | R: 24.03.1971 | Sieger: Crvena Zvezda | ||||
