1967–68 European Cup Winners' Cup

The 1967–68 season of the European Cup Winners' Cup club football tournament was won by Milan following their final victory against Hamburg, the fourth West German finalist in four years. Milan beat defending champions Bayern Munich en route to the final.

First round

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Second leg
Milan won 6–2 on aggregate.

 Győri ETO won 9-0 on aggregate.

Aberdeen won 14–1 on aggregate.

Valencia won 8–2 on aggregate.

Steaua București won 4–1 on aggregate.

Tottenham Hotspur won 6–3 on aggregate.

Cardiff City won 3–1 on aggregate.

 Vitória Setúbal won 7–2 on aggregate.

Second round

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Second leg
 Bayern Munich won 7–3 on aggregate.

3–3 on aggregate; Milan won on away goals.

Valencia won 3–1 on aggregate.

4–4 on aggregate; Lyon won on away goals.

Quarter-finals

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1 Milan beat Standard Liège 2–0 in a play-off.

2 Hamburg beat Lyon 2–0 in a play-off.

3 Cardiff City beat Torpedo Moscow 1–0 in a play-off.

Second leg
2–2 on aggregate.

Play-offs
Hamburg won play-off 2–0.

Cardiff City won play-off 1–0.

Semi-finals

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Second leg
Milan won 2–0 on aggregate.

Hamburg won 4–3 on aggregate.