Final (March 14, Stedelijk Sportcentrum, Ostend): Real Madrid - Simac Milano 82-81

Winner: Real Madrid (Spain): Juan Antonio Corbalán, Brian Jackson, Wayne Robinson, Fernando Martín, Rafael Rullan, Juan Manuel López Iturriaga, Fernando Romay, Antonio Martín, Paco Velasco, Juan Antonio Orenga, Wilson "Cico" Simon, Miguel Angel Marcos, José Biriukov (Coach: Lolo Sainz)

Runner-up: Olimpia Simac Milano (Italy): Mike D'Antoni, Dino Meneghin, Roberto Premier, Renzo Bariviera, Vittorio Gallinari, Marco Lamperti, Franco Boselli, Tullio de Piccoli, Andrea Blasi, Pierpaolo del Buono, Marco Baldi, Ezio Riva, Vincenzo Sciacca, Mario Pettorossi, Italo Pignolo, Earl Cureton, Antoine Carr (Coach: Dan Peterson)

Semifinals
Scavolini Pesaro - Simac Milano 76-78 and 80-90
Cibona - Real Madrid 169-185

Automatically qualified to the Quarterfinals group stage: Scavolini Pesaro (title holder) and Real Madrid
Quarterfinals. -3
Group A
1. Simac Milano 3-3
2. Cibona 3-3
3. Saturn Köln 3-3
4. Solent Stars 3-3
Group B
1. Real Madrid 5-1
2. Scavolini Pesaro 3-3
3. Panathinaikos 2-4
4. Rudá hvězda Pardubice 2-4

Second Round
Steaua București - Cibona 82-82 and 84-93
Rudá hvězda Pardubice - Turun NMKY 87-89 and 91-87
Solent Stars - Maccabi Brussels 88-58 and 65-61
Saturn Köln - Monaco 108-83 and 69-60
Landys&Gyr Wien - Panathinaikos 83-79 and 54-66
Vevey Riviera - Simac Milano 71-88 and 85-98

First Round
Fenerbahçe - Steaua București 81-67 and 65-83
Skovlunde - Cibona 81-102 and 88-111
Rudá hvězda Pardubice - Queluz Pioneer 122-76 and 63-90
Solent Stars - Hatrans Haaksbergen 78-71 and 95-83
Maccabi Brussels - Hapoel Tel Aviv 86-72 and 77-63
Saturn Köln - Achilleas 162-44 and 141-58
Hageby - Monaco 60-61 and 97-99
Al-Zamalek - Landys&Gyr Wien 0-2 and 0-2 (Al-Zamalek withdrew before the first leg, and Landys&Gyr Wien received a forfeit (2-0) in both games)
Levski-Spartak - Panathinaikos 73-81 and 79-88
Vevey Riviera - Soproni MAFC 107-69 and 97-90