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| H | Bor. Mönchengladbach | - | Olympique Lyon | 1:0 (1:0) | ||
| R | Olympique Lyon | - | Bor. Mönchengladbach | 2:5 (1:2) | ||
| H: 22.10.1974 19:30 | R: 05.11.1974 20:30 | Sieger: Bor. Mönchengladbach | ||||
| H | Raba ETO Győr | - | Fortuna Düsseldorf | 2:0 (1:0) | ||
| R | Fortuna Düsseldorf | - | Raba ETO Győr | 3:0 (0:0) | ||
| H: 23.10.1974 13:30 | R: 05.11.1974 20:00 | Sieger: Fortuna Düsseldorf | ||||
| H | Dinamo Bucureşti | - | 1. FC Köln | 1:1 (0:1) | ||
| R | 1. FC Köln | - | Dinamo Bucureşti | 3:2 (1:2) | ||
| H: 23.10.1974 14:00 | R: 05.11.1974 20:00 | Sieger: 1. FC Köln | ||||
| H | Rapid Wien | - | Velež Mostar | 1:1 (0:0) | ||
| R | Velež Mostar | - | Rapid Wien | 1:0 (1:0) | ||
| H: 23.10.1974 15:00 | R: 06.11.1974 16:30 | Sieger: Velež Mostar | ||||
| H | Partizan | - | Portadown FC | 5:0 (2:0) | ||
| R | Portadown FC | - | Partizan | 1:1 (1:0) | ||
| H: 23.10.1974 17:00 | R: 06.11.1974 15:45 | Sieger: Partizan | ||||
| H | Dynamo Dresden | - | Dinamo Moskva | 1:0 (1:0) | ||
| R | Dinamo Moskva | - | Dynamo Dresden | 3:4 (1:0, 1:0, 1:0) i.E. | ||
| H: 23.10.1974 17:30 | R: 06.11.1974 17:30 | Sieger: Dynamo Dresden | ||||
| H | Djurgårdens IF | - | AS Dukla Praha | 0:2 (0:0) | ||
| R | AS Dukla Praha | - | Djurgårdens IF | 3:1 (1:1) | ||
| H: 23.10.1974 19:00 | R: 06.11.1974 19:45 | Sieger: AS Dukla Praha | ||||
| H | Grasshopper Club Zürich | - | Real Zaragoza | 2:1 (1:0) | ||
| R | Real Zaragoza | - | Grasshopper Club Zürich | 5:0 (2:0) | ||
| H: 23.10.1974 19:30 | R: 06.11.1974 20:00 | Sieger: Real Zaragoza | ||||
| H | FC Twente '65 | - | RWD Molenbeek | 2:1 (1:1) | ||
| R | RWD Molenbeek | - | FC Twente '65 | 0:1 (0:0) | ||
| H: 23.10.1974 20:00 | R: 06.11.1974 20:00 | Sieger: FC Twente '65 | ||||
| H | Hamburger SV | - | Steagul Roșu Brașov | 8:0 (2:0) | ||
| R | Steagul Roșu Brașov | - | Hamburger SV | 1:2 (1:1) | ||
| H: 23.10.1974 20:00 | R: 06.11.1974 13:00 | Sieger: Hamburger SV | ||||
| H | AFC Ajax | - | Royal Antwerp FC | 1:0 (0:0) | ||
| R | Royal Antwerp FC | - | AFC Ajax | 2:1 (1:1) | ||
| H: 23.10.1974 20:15 | R: 13.11.1974 20:00 | Sieger: AFC Ajax | ||||
| H | FC Nantes | - | TJ Baník Ostrava OKD | 1:0 (1:0) | ||
| R | TJ Baník Ostrava OKD | - | FC Nantes | 2:0 (0:0, 1:0) n.V. | ||
| H: 23.10.1974 20:30 | R: 06.11.1974 17:00 | Sieger: TJ Baník Ostrava OKD | ||||
| H | Derby County | - | Atlético Madrid | 2:2 (1:1) | ||
| R | Atlético Madrid | - | Derby County | 6:7 (1:0, 2:2, 2:2) i.E. | ||
| H: 23.10.1974 20:30 | R: 06.11.1974 21:00 | Sieger: Derby County | ||||
| H | Hibernian FC | - | Juventus | 2:4 (0:1) | ||
| R | Juventus | - | Hibernian FC | 4:0 (1:0) | ||
| H: 23.10.1974 20:30 | R: 06.11.1974 20:30 | Sieger: Juventus | ||||
| H | SSC Napoli | - | FC Porto | 1:0 (0:0) | ||
| R | FC Porto | - | SSC Napoli | 0:1 (0:0) | ||
| H: 23.10.1974 20:30 | R: 06.11.1974 22:30 | Sieger: SSC Napoli | ||||
| H | Inter | - | FC Amsterdam | 1:2 (0:2) | ||
| R | FC Amsterdam | - | Inter | 0:0 (0:0) | ||
| H: 23.10.1974 21:00 | R: 06.11.1974 20:15 | Sieger: FC Amsterdam | ||||
