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| U | RFC Liège | - | Atlético Madrid | 1:0 (0:0) | ||
| R | Atlético Madrid | - | RFC Liège | 2:0 (1:0) | ||
| U: 13.01.1965 | R: 03.03.1965 | Winnaars: Atlético Madrid | ||||
| U | Manchester United | - | Everton FC | 1:1 (1:1) | ||
| R | Everton FC | - | Manchester United | 1:2 (0:1) | ||
| U: 20.01.1965 | R: 09.02.1965 | Winnaars: Manchester United | ||||
| U | RC Strasbourg | - | FC Barcelona | 0:0 (0:0) | ||
| R | FC Barcelona | - | RC Strasbourg | 2:2 (0:2) | ||
| U: 20.01.1965 | R: 10.02.1965 | Winnaars: RC Strasbourg | ||||
| U | Athletic Bilbao | - | Dunfermline Athletic | 1:0 (0:0) | ||
| R | Dunfermline Athletic | - | Athletic Bilbao | 1:0 (1:0) | ||
| U: 27.01.1965 | R: 03.03.1965 | |||||
| U | Juventus | - | Lokomotiv Plovdiv | 1:1 (1:0) | ||
| R | Lokomotiv Plovdiv | - | Juventus | 1:1 (1:1) | ||
| U: 17.02.1965 | R: 10.03.1965 | |||||
| U | AS Roma | - | Ferencvárosi TC | 1:2 (0:1) | ||
| R | Ferencvárosi TC | - | AS Roma | 1:0 (1:0) | ||
| U: 10.03.1965 | R: 16.03.1965 | Winnaars: Ferencvárosi TC | ||||
| Beslissingswedstrijden | ||||||
|---|---|---|---|---|---|---|
| Athletic Bilbao | - | Dunfermline Athletic | 2:1 (1:0) | |||
| FC Barcelona | - | RC Strasbourg | 0:0 (0:0, 0:0) n.v. | |||
| Juventus | - | Lokomotiv Plovdiv | 2:1 (1:1, 1:1) n.v. | |||
