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| H (Match allé) | RFC Liège | - | Atlético Madrid | 1:0 (0:0) | ||
| R (match retour) | Atlético Madrid | - | RFC Liège | 2:0 (1:0) | ||
| H (Match allé): 13.01.1965 | R (match retour): 03.03.1965 | vainqueur: Atlético Madrid | ||||
| H (Match allé) | Manchester United | - | Everton FC | 1:1 (1:1) | ||
| R (match retour) | Everton FC | - | Manchester United | 1:2 (0:1) | ||
| H (Match allé): 20.01.1965 | R (match retour): 09.02.1965 | vainqueur: Manchester United | ||||
| H (Match allé) | RC Strasbourg | - | FC Barcelona | 0:0 (0:0) | ||
| R (match retour) | FC Barcelona | - | RC Strasbourg | 2:2 (0:2) | ||
| H (Match allé): 20.01.1965 | R (match retour): 10.02.1965 | vainqueur: RC Strasbourg | ||||
| H (Match allé) | Athletic Club | - | Dunfermline Athletic | 1:0 (0:0) | ||
| R (match retour) | Dunfermline Athletic | - | Athletic Club | 1:0 (1:0) | ||
| H (Match allé): 27.01.1965 | R (match retour): 03.03.1965 | |||||
| H (Match allé) | Juventus | - | Lokomotiv Plovdiv | 1:1 (1:0) | ||
| R (match retour) | Lokomotiv Plovdiv | - | Juventus | 1:1 (1:1) | ||
| H (Match allé): 17.02.1965 | R (match retour): 10.03.1965 | |||||
| H (Match allé) | AS Roma | - | Ferencvárosi TC | 1:2 (0:1) | ||
| R (match retour) | Ferencvárosi TC | - | AS Roma | 1:0 (1:0) | ||
| H (Match allé): 10.03.1965 | R (match retour): 16.03.1965 | vainqueur: Ferencvárosi TC | ||||
| match décisif | ||||||
|---|---|---|---|---|---|---|
| Athletic Club | - | Dunfermline Athletic | 2:1 (1:0) | |||
| FC Barcelona | - | RC Strasbourg | 0:0 (0:0, 0:0) ap | |||
| Juventus | - | Lokomotiv Plovdiv | 2:1 (1:1, 1:1) ap | |||
