The fourth Inter-Cities Fairs Cup was played over the 1961–62 season. There were five representative teams for some major European cities, three of which lost out in the first round. The final was the first European final to be contested between two clubs from the same country, namely Spain. Valencia beat Barcelona 7–3 over two legs, and also reached the next two finals in the competition.
Teams location
{{Location map+ |Europe |AlternativeMap=Europe blank laea location map before 1990.svg |width=650 |float=right |caption=Location of teams in the 1961–62 Inter-Cities Fairs Cup. {{Location map~ |Europe |lat=50.817778 |long= 4.3291670 |mark=Red pog.svg |label={{nowrap|Royale Union Saint-Gilloise ==Bracket==
First round
1Inter Milan progressed to the Second round after winning a play-off match 5–3. First leg ---- ---- ---- ---- ---- ---- ---- {{football box ---- ---- ---- {{football box ---- {{football box Second leg Valencia won 7–1 on aggregate. ---- {{football box Heart of Midlothian won 5–1 on aggregate. ---- {{football box Inter Milan 4–4 1. FC Köln on aggregate. {{football box Internazionale won 5–3 in play-off. ---- {{football box Novi Sad XI won 2–0 on aggregate. ---- MTK won 13–3 on aggregate. ---- {{football box Leipzig XI won 6–3 on aggregate. ---- {{football box Espanyol won 3–0 on aggregate. ---- {{football box Red Star won 5–2 on aggregate. ---- Hibernian won 6–4 on aggregate. ---- Sheffield Wednesday won 7–6 on aggregate. ---- {{football box Barcelona won 3–1 on aggregate. ---- {{football box Dinamo Zagreb won 9–4 on aggregate. ==Second round==
Second round
1 MTK progressed to the quarter-finals after winning a play-off match 2–0. First leg {{football box ---- {{football box ---- {{football box ---- {{football box ---- {{football box ---- {{football box ---- {{football box Second leg {{football box Valencia won 4–3 on aggregate. ---- {{football box Inter Milan won 5–0 on aggregate. ---- {{football box Novi Sad XI won 10–3 on aggregate. ---- {{football box Leipzig XI 3–3 MTK on aggregate. {{football box MTK won 2–0 in play-off. ---- {{football box Espanyol won 5–3 on aggregate. ---- {{football box Red Star won 5–0 on aggregate. ---- {{football box Sheffield Wednesday won 4–1 on aggregate. ---- {{football box Barcelona won 7–3 on aggregate. ==Quarter-finals==
Quarter-finals
First leg {{football box ----
Second leg {{football box
Internazionale goalkeeper Lorenzo Buffon complained of an injury at halftime and was replaced by Ottavio Bugatti, substitutions were not officially allowed at the time. Valencia won 5–3 on aggregate. First leg {{football box ----
Second leg {{football box
Barcelona won 4–3 on aggregate. Barcelona advance to the Semi-Final ==Semifinals==
Semifinals
First leg ---- Second leg Valencia won 10–3 on aggregate. First leg ---- Second leg Barcelona won 6–1 on aggregate. ==Final==
Final
First leg Second leg ==References==