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| 1st(1st leg) | Aarhus GF | - | Fredrikstad FK | 3:0 (0:0) | ||
| 2nd (2nd leg) | Fredrikstad FK | - | Aarhus GF | 0:1 (0:0) | ||
| 1st(1st leg): 19/10/1960 | 2nd (2nd leg): 26/10/1960 | Winner: Aarhus GF | ||||
| 1st(1st leg) | IFK Malmö | - | CDNA Sofia | 1:0 (0:0) | ||
| 2nd (2nd leg) | CDNA Sofia | - | IFK Malmö | 1:1 (1:0) | ||
| 1st(1st leg): 02/11/1960 | 2nd (2nd leg): 13/11/1960 | Winner: IFK Malmö | ||||
| 1st(1st leg) | BSC Young Boys | - | Hamburger SV | 0:5 (0:3) | ||
| 2nd (2nd leg) | Hamburger SV | - | BSC Young Boys | 3:3 (1:2) | ||
| 1st(1st leg): 02/11/1960 | 2nd (2nd leg): 27/11/1960 | Winner: Hamburger SV | ||||
| 1st(1st leg) | TJ Spartak Hradec Králové | - | Panathinaikos | 1:0 (0:0) | ||
| 2nd (2nd leg) | Panathinaikos | - | TJ Spartak Hradec Králové | 0:0 (0:0) | ||
| 1st(1st leg): 06/11/1960 | 2nd (2nd leg): 07/12/1960 | Winner: TJ Spartak Hradec Králové | ||||
| 1st(1st leg) | SL Benfica | - | Újpesti Dózsa SC | 6:2 (5:0) | ||
| 2nd (2nd leg) | Újpesti Dózsa SC | - | SL Benfica | 2:1 (0:1) | ||
| 1st(1st leg): 08/11/1960 | 2nd (2nd leg): 30/11/1960 | Winner: SL Benfica | ||||
| 1st(1st leg) | Rapid Wien | - | SC Wismut Karl-Marx-Stadt | 3:1 (1:1) | ||
| 2nd (2nd leg) | SC Wismut Karl-Marx-Stadt | - | Rapid Wien | 2:0 (0:0) | ||
| 1st(1st leg): 09/11/1960 | 2nd (2nd leg): 23/11/1960 | Winner: SC Wismut Karl-Marx-Stadt | ||||
| 1st(1st leg) | Real Madrid | - | FC Barcelona | 2:2 (2:1) | ||
| 2nd (2nd leg) | FC Barcelona | - | Real Madrid | 2:1 (1:0) | ||
| 1st(1st leg): 09/11/1960 | 2nd (2nd leg): 25/11/1960 | Winner: FC Barcelona | ||||
| 1st(1st leg) | Burnley FC | - | Stade de Reims | 2:0 (2:0) | ||
| 2nd (2nd leg) | Stade de Reims | - | Burnley FC | 3:2 (0:1) | ||
| 1st(1st leg): 16/11/1960 | 2nd (2nd leg): 30/11/1960 | Winner: Burnley FC | ||||
| decisive matches | ||||||
|---|---|---|---|---|---|---|
| Rapid Wien | - | SC Wismut Karl-Marx-Stadt | 1:0 (1:0) | |||
