| # | Group A | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Valencia | 3 | 1 | 2 | 0 | 6:1 | 5 | 5 | |
| 2. | Manchester Utd | 3 | 1 | 2 | 0 | 3:1 | 2 | 5 | |
| 3. | Sturm Graz | 3 | 1 | 0 | 2 | 2:6 | -4 | 3 | |
| 4. | Panathinaikos | 3 | 0 | 0 | 3 | 2:7 | -5 | 0 | |
| # | Group B | MP | W | D | L | G | GD | Pts | Form |
| 1. | Dep. La Coruna | 3 | 1 | 1 | 1 | 4:3 | 1 | 4 | |
| 2. | AC Milan | 3 | 1 | 1 | 1 | 2:3 | -1 | 4 | |
| 3. | PSG | 3 | 0 | 1 | 2 | 4:6 | -2 | 1 | |
| 4. | Galatasaray | 3 | 0 | 1 | 2 | 2:6 | -4 | 1 | |
| # | Group C | MP | W | D | L | G | GD | Pts | Form |
| 1. | Bayern Munich | 3 | 1 | 1 | 1 | 5:5 | 0 | 4 | |
| 2. | Arsenal | 3 | 1 | 0 | 2 | 2:5 | -3 | 3 | |
| 3. | Lyon | 3 | 0 | 2 | 1 | 2:3 | -1 | 2 | |
| 4. | Spartak Moscow | 3 | 0 | 0 | 3 | 0:5 | -5 | 0 | |
| # | Group D | MP | W | D | L | G | GD | Pts | Form |
| 1. | Leeds | 3 | 2 | 0 | 1 | 7:4 | 3 | 6 | |
| 2. | Real Madrid | 3 | 1 | 1 | 1 | 4:4 | 0 | 4 | |
| 3. | Lazio | 3 | 0 | 1 | 2 | 5:7 | -2 | 1 | |
| 4. | Anderlecht | 3 | 0 | 0 | 3 | 3:8 | -5 | 0 |