| Final positions | |
|---|---|
| Champions | |
| Runners-up | |
The 1974–75 season of the European Cup Winners' Cup club football tournament was won by Dynamo Kyiv in a convincing final victory against Ferencváros. It was the first of two Cup Winners' Cup successes for the club.
First round
Enosis Neon Paralimni withdrew due to the political situation in Cyprus.
First leg
| Dynamo Kyiv  | 1–0 | |
|---|---|---|
| Blokhin  | 
Report | 
| Benfica  | 4–0 | |
|---|---|---|
| Humberto Coelho  Nené Rui Jordão  | 
Report | 
| PAOK  | 1–0 | |
|---|---|---|
| Terzanidis  | 
Second leg
Dundee United won 3–2 on aggregate.
| CSKA Sofia  | 0–1 | |
|---|---|---|
| Report | Blokhin  | 
Dynamo Kyiv won 2–0 on aggregate.
| Bologna  | 2–1 | |
|---|---|---|
| Savoldi  | 
Terlecki  | 
|
| Penalties | ||
| Landini  Savoldi Ghetti Massimelli  | 
3–5 | |
Bologna 3–3 Gwardia Warszawa on aggregate. Gwardia Warszawa won 5–3 on penalties.
Benfica won 8–1 on aggregate.
| Red Star Belgrade  | 2–0 (a.e.t.) | |
|---|---|---|
| V. Petrović  Savić  | 
Red Star Belgrade won 2–1 on aggregate.
Second round
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Dundee United  | 
0–1 | 0–0 (Report)
 (Report 2)  | 
0–1 (Report)
 (Report 2)  | |
| Eintracht Frankfurt  | 
3–5 | 2–3 (Report)
 (Report 2)  | 
1–2 (Report)
 (Report 2)  | |
| Gwardia Warszawa  | 
1–8 | 1–5 (Report)
 (Report 2)  | 
0–3 (Report)
 (Report 2)  | |
| Carl Zeiss Jena  | 
1–1 (a) | 1–1 (Report)
 (Report 2)  | 
0–0 (Report)
 (Report 2)  | |
| Malmö FF  | 
3–1 | 3–1 (Report)
 (Report 2)  | 
0–0 (Report)
 (Report 2)  | |
| Liverpool  | 
1–1 (a) | 1–1 (Report)
 (Report 2)  | 
0–0 (Report)
 (Report 2)  | |
| Real Madrid  | 
5–2 | 3–0 (Report)
 (Report 2)  | 
2–2 (Report)
 (Report 2)  | |
| Avenir Beggen  | 
2–11 | 1–6 (Report)
 (Report 2)  | 
1–5 (Report)
 (Report 2)  | 
First leg
| Eintracht Frankfurt  | 2–3 | |
|---|---|---|
| Nickel  Körbel  | 
Report | Onyshchenko  Blokhin Muntyan  | 
|  Carl Zeiss Jena  | 1–1 | |
|---|---|---|
| Vogel  | 
Report | Nené  | 
| Avenir Beggen  | 1–6 | |
|---|---|---|
| Sinner  | 
Šestić  Filipović Ratković  | 
Second leg
| Dynamo Kyiv  | 2–1 | |
|---|---|---|
| Onyshchenko | 
Report | Rohrbach  | 
Dynamo Kyiv won 5–3 on aggregate.
1–1 on aggregate. Benfica won on away goals.
| Red Star Belgrade  | 5–1 | |
|---|---|---|
| Filipović  Ratković Šestić Savić  | 
Dresch  | 
Red Star Belgrade won 11–2 on aggregate.
Quarter-finals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Bursaspor  | 
0–3 | 0–1 (Report)
 (Report 2)  | 
0–2 (Report)
 (Report 2)  | |
| PSV Eindhoven  | 
2–1 | 0–0 (Report)
 (Report 2)  | 
2–1 (Report)
 (Report 2)  | |
| Malmö FF  | 
2–4 | 1–3 (Report)
 (Report 2)  | 
1–1 (Report)
 (Report 2)  | |
| Real Madrid  | 
2–2 (p) | 2–0 (Report)
 (Report 2)  | 
0–2 (Report)
 (Report 2)  | 
First leg
| Bursaspor  | 0–1 | |
|---|---|---|
| Report | Onyshchenko  | 
| Real Madrid  | 2–0 | |
|---|---|---|
| Santillana  Netzer  | 
Second leg
Dynamo Kyiv won 3–0 on aggregate.
| Benfica  | 1–2 | |
|---|---|---|
| Humberto Coelho  | 
Report | W. van de Kerkhof  van der Kuijlen  | 
PSV Eindhoven won 2–1 on aggregate.
| Red Star Belgrade  | 2–0 (a.e.t.) | |
|---|---|---|
| Džajić  O. Petrović  | 
||
| Penalties | ||
| Keri  Filipović Baralić Savić O. Petrović Đorđević V. Petrović  | 
6–5 | |
Red Star Belgrade 2–2 Real Madrid on aggregate. Red Star Belgrade won 6–5 on penalties.
Semi-finals
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg | 
|---|---|---|---|---|
| Dynamo Kyiv  | 
4–2 | 3–0 (Report)
 (Report 2)  | 
1–2 (Report)
 (Report 2)  | |
| Ferencváros  | 
4–3 | 2–1 (Report)
 (Report 2)  | 
2–2 (Report)
 (Report 2)  | 
First leg
| Dynamo Kyiv  | 3–0 | |
|---|---|---|
| Kolotov Onyshchenko Blokhin  | 
Report | 
| Ferencváros  | 2–1 | |
|---|---|---|
| Branikovits  Magyar  | 
Savić  | 
Second leg
| PSV Eindhoven  | 2–1 | |
|---|---|---|
| Edström  | 
Report | Buryak  | 
Dynamo Kyiv won 4–2 on aggregate.
| Red Star Belgrade  | 2–2 | |
|---|---|---|
| Keri  Filipović  | 
Pusztai  Megyesi  | 
Ferencváros won 4–3 on aggregate.
Final
| Dynamo Kyiv  | 3–0 | |
|---|---|---|
| Onyshchenko  Blokhin  | 
Report |