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| 1st(1st leg) | Maccabi Tel Aviv | - | Werder Bremen | 0:0 (0:0) | ||
| 2nd (2nd leg) | Werder Bremen | - | Maccabi Tel Aviv | 2:0 (0:0) | ||
| 1st(1st leg): 13/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Werder Bremen | ||||
| 1st(1st leg) | Beşiktaş | - | HJK Helsinki | 2:0 (2:0) | ||
| 2nd (2nd leg) | HJK Helsinki | - | Beşiktaş | 1:1 (0:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Beşiktaş | ||||
| 1st(1st leg) | FK Bodø/Glimt | - | Sampdoria | 3:2 (2:0) | ||
| 2nd (2nd leg) | Sampdoria | - | FK Bodø/Glimt | 2:0 (2:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Sampdoria | ||||
| 1st(1st leg) | Brøndby IF | - | KF Tiranë | 3:0 (1:0) | ||
| 2nd (2nd leg) | KF Tiranë | - | Brøndby IF | 0:1 (0:1) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Brøndby IF | ||||
| 1st(1st leg) | Chelsea FC | - | Viktoria Žižkov | 4:2 (2:2) | ||
| 2nd (2nd leg) | Viktoria Žižkov | - | Chelsea FC | 0:0 (0:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Chelsea FC | ||||
| 1st(1st leg) | Croatia Zagreb | - | AJ Auxerre | 3:1 (2:1) | ||
| 2nd (2nd leg) | AJ Auxerre | - | Croatia Zagreb | 3:0 (1:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: AJ Auxerre | ||||
| 1st(1st leg) | CSKA Moskva | - | Ferencvárosi TC | 2:1 (0:0) | ||
| 2nd (2nd leg) | Ferencvárosi TC | - | CSKA Moskva | 7:6 (2:1, 2:1, 2:1) pso | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Ferencvárosi TC | ||||
| 1st(1st leg) | Dundee United | - | FC Tatran Prešov | 3:2 (1:2) | ||
| 2nd (2nd leg) | FC Tatran Prešov | - | Dundee United | 3:1 (2:1) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: FC Tatran Prešov | ||||
| 1st(1st leg) | Gloria Bistrița (old) | - | Real Zaragoza | 2:1 (0:1) | ||
| 2nd (2nd leg) | Real Zaragoza | - | Gloria Bistrița (old) | 4:0 (2:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Real Zaragoza | ||||
| 1st(1st leg) | Grasshopper Club Zürich | - | Chernomorets Odessa | 3:0 (1:0) | ||
| 2nd (2nd leg) | Chernomorets Odessa | - | Grasshopper Club Zürich | 1:0 (1:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Grasshopper Club Zürich | ||||
| 1st(1st leg) | NK Branik Maribor | - | Austria Wien | 1:1 (0:1) | ||
| 2nd (2nd leg) | Austria Wien | - | NK Branik Maribor | 3:0 (1:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Austria Wien | ||||
| 1st(1st leg) | Omonia Nikosia | - | Arsenal FC | 1:3 (0:1) | ||
| 2nd (2nd leg) | Arsenal FC | - | Omonia Nikosia | 3:0 (2:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Arsenal FC | ||||
| 1st(1st leg) | FC Pirin | - | Panathinaikos | 0:2 (0:0) | ||
| 2nd (2nd leg) | Panathinaikos | - | FC Pirin | 6:1 (3:1) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Panathinaikos | ||||
| 1st(1st leg) | FC Porto | - | ŁKS Łódź | 2:0 (0:0) | ||
| 2nd (2nd leg) | ŁKS Łódź | - | FC Porto | 0:1 (0:1) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: FC Porto | ||||
| 1st(1st leg) | Sligo Rovers | - | Club Brugge KV | 1:2 (1:1) | ||
| 2nd (2nd leg) | Club Brugge KV | - | Sligo Rovers | 3:1 (2:1) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Club Brugge KV | ||||
| 1st(1st leg) | FK Zalgiris-EBSW Vilnius | - | Feyenoord | 1:1 (0:1) | ||
| 2nd (2nd leg) | Feyenoord | - | FK Zalgiris-EBSW Vilnius | 2:1 (0:0) | ||
| 1st(1st leg): 15/09/1994 | 2nd (2nd leg): 29/09/1994 | Winner: Feyenoord | ||||
