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| 1st(1st leg) | Sturm Graz | - | IFK Göteborg | 2:2 (2:1) | ||
| 2nd (2nd leg) | IFK Göteborg | - | Sturm Graz | 3:2 (0:0) | ||
| 1st(1st leg): 20/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: IFK Göteborg | ||||
| 1st(1st leg) | KFC Winterslag | - | Arsenal FC | 1:0 (0:0) | ||
| 2nd (2nd leg) | Arsenal FC | - | KFC Winterslag | 2:1 (1:1) | ||
| 1st(1st leg): 20/10/1981 | 2nd (2nd leg): 03/11/1981 | Winner: KFC Winterslag | ||||
| 1st(1st leg) | Bor. Mönchengladbach | - | Dundee United | 2:0 (0:0) | ||
| 2nd (2nd leg) | Dundee United | - | Bor. Mönchengladbach | 5:0 (2:0) | ||
| 1st(1st leg): 20/10/1981 | 2nd (2nd leg): 03/11/1981 | Winner: Dundee United | ||||
| 1st(1st leg) | Inter | - | Dinamo Bucureşti | 1:1 (1:1) | ||
| 2nd (2nd leg) | Dinamo Bucureşti | - | Inter | 3:2 (1:0, 1:1) aet | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Dinamo Bucureşti | ||||
| 1st(1st leg) | KSK Beveren | - | Hajduk Split | 2:3 (0:2) | ||
| 2nd (2nd leg) | Hajduk Split | - | KSK Beveren | 1:2 (0:2) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Hajduk Split | ||||
| 1st(1st leg) | Valencia CF | - | Boavista | 2:0 (0:0) | ||
| 2nd (2nd leg) | Boavista | - | Valencia CF | 1:0 (1:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Valencia CF | ||||
| 1st(1st leg) | Real Madrid | - | FC Carl Zeiss Jena | 3:2 (0:1) | ||
| 2nd (2nd leg) | FC Carl Zeiss Jena | - | Real Madrid | 0:0 (0:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Real Madrid | ||||
| 1st(1st leg) | Rapid Wien | - | PSV Eindhoven | 1:0 (0:0) | ||
| 2nd (2nd leg) | PSV Eindhoven | - | Rapid Wien | 2:1 (1:1) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Rapid Wien | ||||
| 1st(1st leg) | Aris Saloniki | - | Sporting Lokeren | 1:1 (0:0) | ||
| 2nd (2nd leg) | Sporting Lokeren | - | Aris Saloniki | 4:0 (2:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Sporting Lokeren | ||||
| 1st(1st leg) | Spartak Moskva | - | 1. FC Kaiserslautern | 2:1 (1:0) | ||
| 2nd (2nd leg) | 1. FC Kaiserslautern | - | Spartak Moskva | 4:0 (2:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: 1. FC Kaiserslautern | ||||
| 1st(1st leg) | Grasshopper Club Zürich | - | Radnički Niš | 2:0 (1:0) | ||
| 2nd (2nd leg) | Radnički Niš | - | Grasshopper Club Zürich | 3:0 (1:0, 2:0, 2:0) pso | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Radnički Niš | ||||
| 1st(1st leg) | Feyenoord | - | Dynamo Dresden | 2:1 (0:1) | ||
| 2nd (2nd leg) | Dynamo Dresden | - | Feyenoord | 1:1 (0:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Feyenoord | ||||
| 1st(1st leg) | Malmö FF | - | Neuchâtel Xamax FC | 0:1 (0:1) | ||
| 2nd (2nd leg) | Neuchâtel Xamax FC | - | Malmö FF | 1:0 (0:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 03/11/1981 | Winner: Neuchâtel Xamax FC | ||||
| 1st(1st leg) | Southampton FC | - | Sporting CP | 2:4 (0:3) | ||
| 2nd (2nd leg) | Sporting CP | - | Southampton FC | 0:0 (0:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Sporting CP | ||||
| 1st(1st leg) | Aberdeen FC | - | Argeș Pitești | 3:0 (3:0) | ||
| 2nd (2nd leg) | Argeș Pitești | - | Aberdeen FC | 2:2 (2:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Aberdeen FC | ||||
| 1st(1st leg) | Girondins Bordeaux | - | Hamburger SV | 2:1 (1:1) | ||
| 2nd (2nd leg) | Hamburger SV | - | Girondins Bordeaux | 2:0 (2:0) | ||
| 1st(1st leg): 21/10/1981 | 2nd (2nd leg): 04/11/1981 | Winner: Hamburger SV | ||||
