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| H | Real Madrid | - | Crvena Zvezda | 2:0 (1:0) | ||
| R | Crvena Zvezda | - | Real Madrid | 6:5 (1:0, 2:0, 2:0) i.E. | ||
| H: 05.03.1975 | R: 19.03.1975 | Sieger: Crvena Zvezda | ||||
| H | Malmö FF | - | Ferencvárosi TC | 1:3 (0:1) | ||
| R | Ferencvárosi TC | - | Malmö FF | 1:1 (0:1) | ||
| H: 05.03.1975 | R: 19.03.1975 | Sieger: Ferencvárosi TC | ||||
| H | PSV Eindhoven | - | SL Benfica | 0:0 (0:0) | ||
| R | SL Benfica | - | PSV Eindhoven | 1:2 (1:1) | ||
| H: 05.03.1975 | R: 19.03.1975 | Sieger: PSV Eindhoven | ||||
| H | Bursaspor | - | Dinamo Kiev | 0:1 (0:1) | ||
| R | Dinamo Kiev | - | Bursaspor | 2:0 (0:0) | ||
| H: 05.03.1975 | R: 19.03.1975 | Sieger: Dinamo Kiev | ||||
