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First leg
All times Central European Time (UTC+1)
Contents
Second leg
All times Central European Time (UTC+1)
Chelsea won 1–0 on aggregate.
Deportivo La Coruña won 2–0 on aggregate.
Lyon won 2–0 on aggregate.
Porto won 3–2 on aggregate.
Arsenal won 5–2 on aggregate.
Milan won 4–1 on aggregate.
AS Monaco 2–2 Lokomotiv Moscow on aggregate. AS Monaco won on away goals rule.
Real Madrid won 2–1 on aggregate.
First leg
All times Central European Time (UTC+1)
Second leg
All times CEST (UTC+2)
AS Monaco 5–5 Real Madrid on aggregate. AS Monaco won on away goals rule.
Chelsea won 3–2 on aggregate.
Deportivo won 5–4 on aggregate.
Porto won 4–2 on aggregate.
First leg
All times CEST (UTC+2)
Second leg
All times CEST (UTC+2)
Porto won 1–0 on aggregate.
Monaco won 5–3 on aggregate.
Final
As winners of the competition, Porto went on to represent Europe at the 2004 Intercontinental Cup.