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| U | CA Osasuna | - | AFC Ajax | 0:1 (0:0) | ||
| R | AFC Ajax | - | CA Osasuna | 1:0 (1:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: AFC Ajax | ||||
| U | KAA Gent | - | Dinamo Moskou | 2:0 (1:0) | ||
| R | Dinamo Moskou | - | KAA Gent | 0:0 (0:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: KAA Gent | ||||
| U | FC Tirol | - | Liverpool FC | 0:2 (0:0) | ||
| R | Liverpool FC | - | FC Tirol | 4:0 (1:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: Liverpool FC | ||||
| U | FCSB | - | Genoa CFC | 0:1 (0:1) | ||
| R | Genoa CFC | - | FCSB | 1:0 (0:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: Genoa CFC | ||||
| U | Neuchâtel Xamax FC | - | Real Madrid | 1:0 (1:0) | ||
| R | Real Madrid | - | Neuchâtel Xamax FC | 4:0 (0:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: Real Madrid | ||||
| U | Hamburger SV | - | SK Sigma MŽ Olomouc | 1:2 (1:2) | ||
| R | SK Sigma MŽ Olomouc | - | Hamburger SV | 4:1 (1:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: SK Sigma MŽ Olomouc | ||||
| U | B 1903 København | - | Trabzonspor | 1:0 (1:0) | ||
| R | Trabzonspor | - | B 1903 København | 1:1 (0:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: B 1903 København | ||||
| U | AEK Athene | - | Torino FC | 2:2 (1:2) | ||
| R | Torino FC | - | AEK Athene | 1:0 (0:0) | ||
| U: 27.11.1991 | R: 11.12.1991 | Winnaars: Torino FC | ||||
