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.

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.