Final (March 29, PalaLido, Milan) Gabetti Cantù - Sinudyne Bologna 84-82

Winner: Gabetti Cantù (Italy): Pierluigi Marzorati, Hart Wingo, Bob Lienhard, Carlo Recalcati, Fabrizio della Fiori, Renzo Tombolato, Franco Meneghel, Giuseppe Gergati, Denis Innocentin, Umberto Cappelletti, Fausto Bargna, Antonello Riva, Fabio Brambilla, Giorgio Panzini, Davide Bertazzini (Coach: Arnaldo Taurisano)

Runner-up: Virtus Sinudyne Bologna (Italy): Terry Driscoll, John Roche, Marco Bonamico, Gianni Bertolotti, Renato Villalta, Carlo Caglieris, Massimo Antonelli, Mario Martini, Marco Baraldi, Mario Porto, Alessandro Goti, Marco Pedrotti, Ugo Govoni, Francesco Cantamessi (Coach: Dan Peterson)

Semifinals
Sinudyne Bologna - Caen 98-78 and 80-86
FC Barcelona - Gabetti Cantù 90-87 and 77-97

Automatically qualified to the Quarterfinals group stage: Gabetti Cantù (title holder)
Quarterfinals
Group A
1. Gabetti Cantù 5-1
2. Caen 4-2
3. Falcon Jeans Den Bosch 2-4
4. Kvarner 1-5
Group B
1. Sinudyne Bologna 4-2
2. FC Barcelona 3-3
3. Steaua București 3-3
4. Södertälje 2-4

Second Round
Partizani Tirana - Caen 91-97 and 74-95
Soproni MAFC - Kvarner 94-93 and 78-88
Olympiacos - Sinudyne Bologna 78-72 and 61-78
Levski-Spartak - Steaua București 83-74 and 75-107
Viganello - FC Barcelona 82-93 and 84-126
Falcon Jeans Den Bosch - Slavia Prague 98-73 and 78-83
Södertälje - Wisła Kraków 88-92 and 80-69

First Round
Soproni MAFC - Milde Sorte Wien 98-94 and 97-85
Hapoel Tel Aviv - Olympiacos 79-60 and 55-75
BeÅŸiktaÅŸ - Levski-Spartak 101-111 and 64-89
Sparta Bertrange - Viganello 70-79 and 83-92
Embassy Milton Keynes - FC Barcelona 88-88 and 95-117
Gießen 46ers - Falcon Jeans Den Bosch 97-109 and 92-107
Södertälje - Éveil Monceau 100-84 and 88-94