| Round 1 |
| 07-09-1961 |
FC La Chaux de Fonds - Leixoes SC |
6-2 |
 |
 |
| 12-09-1961 |
Dunfermline Athletic FC - St Patricks Athletic |
4-1 |
|
|
| 13-09-1961 |
CS Sedan Ardennes - Atletico de Madrid |
2-3 |
|
|
| 13-09-1961 |
Glenavon FC - Leicester City |
1-4 |
|
|
| 13-09-1961 |
Rapid Vienna - Spartak Varna |
0-0 |
|
|
| 17-09-1961 |
Floriana FC - Ujpesti Dozsa SC |
2-5 |
|
|
| 16-10-1961 |
Swansea Town - SC Motor Jena |
2-2 |
|
|
| Round 1 |
| 27-09-1961 |
Atletico de Madrid - CS Sedan Ardennes |
4-1 |
|
|
| 27-09-1961 |
St Patricks Athletic - Dunfermline Athletic FC |
0-4 |
|
|
| 27-09-1961 |
Ujpesti Dozsa SC - Floriana FC |
10-2 |
|
|
| 27-09-1961 |
Spartak Varna - Rapid Vienna |
2-5 |
|
|
| 27-09-1961 |
Leicester City - Glenavon FC |
3-1 |
|
|
| 05-10-1961 |
Leixoes SC - FC La Chaux de Fonds |
5-0 |
|
|
| 18-10-1961 |
SC Motor Jena - Swansea Town |
5-1 |
|
|
| Round 2 |
| 25-10-1961 |
SV Werder Bremen - Aarhus GF |
2-0 |
|
|
| 25-10-1961 |
Leicester City - Atletico de Madrid |
1-1 |
|
|
| 25-10-1961 |
Dunfermline Athletic FC - Vardar Skopje |
5-0 |
|
|
| 25-10-1961 |
AC Fiorentina - Rapid Vienna |
3-1 |
|
|
| 01-11-1961 |
Ajax Amsterdam - Ujpesti Dozsa SC |
2-1 |
|
|
| 21-11-1961 |
Olympiacos Piraeus - DSO Dynamo Zilina |
2-3 |
|
|
| 23-11-1961 |
Leixoes SC - Progresul Bucharest |
1-1 |
|
|
| 16-12-1961 |
SC Motor Jena - Alliance Dudelange |
7-0 |
|
|
| Round 2 |
| 31-10-1961 |
Aarhus GF - SV Werder Bremen |
2-3 |
|
|
| 07-11-1961 |
Vardar Skopje - Dunfermline Athletic FC |
2-0 |
|
|
| 14-11-1961 |
Atletico de Madrid - Leicester City |
2-0 |
|
|
| 22-11-1961 |
Rapid Vienna - AC Fiorentina |
2-6 |
|
|
| 28-11-1961 |
Ujpesti Dozsa SC - Ajax Amsterdam |
3-1 |
|
|
| 29-11-1961 |
DSO Dynamo Zilina - Olympiacos Piraeus |
1-0 |
|
|
| 30-11-1961 |
Progresul Bucharest - Leixoes SC |
0-1 |
|
|
| 18-12-1961 |
Alliance Dudelange - SC Motor Jena |
2-2 |
|
|
| Quarter Final |
| 16-01-1962 |
SV Werder Bremen - Atletico de Madrid |
1-1 |
|
|
| 12-02-1962 |
Ujpesti Dozsa SC - Dunfermline Athletic FC |
4-3 |
|
|
| 20-02-1962 |
DSO Dynamo Zilina - AC Fiorentina |
3-2 |
|
|
| 21-02-1962 |
SC Motor Jena - Leixoes SC |
1-1 |
|
|
| Quarter Final |
| 19-02-1962 |
Dunfermline Athletic FC - Ujpesti Dozsa SC |
0-1 |
|
|
| 24-02-1962 |
Leixoes SC - SC Motor Jena |
1-3 |
|
|
| 26-02-1962 |
AC Fiorentina - DSO Dynamo Zilina |
2-0 |
|
|
| 27-02-1962 |
Atletico de Madrid - SV Werder Bremen |
3-1 |
|
|
| Semi Final |
| 20-03-1962 |
AC Fiorentina - Ujpesti Dozsa SC |
2-0 |
|
|
| 28-03-1962 |
SC Motor Jena - Atletico de Madrid |
0-1 |
|
|
| Semi Final |
| 11-04-1962 |
Atletico de Madrid - SC Motor Jena |
4-0 |
|
|
| 11-04-1962 |
Ujpesti Dozsa SC - AC Fiorentina |
0-1 |
|
|
| Final |
| 10-05-1962 |
Atletico de Madrid - AC Fiorentina |
1-1 |
|
|
| Final Replay |
| 05-09-1962 |
Atletico de Madrid - AC Fiorentina |
3-0 |
|
|