Rangers began their campaign by defeating Glentoran 5-1 on aggregate and were then drawn to play the defending champions Borussia Dortmund in the second round.
In the quarter-final Rangers defeated Zaragoza from Spain on the toss of a coin after the tie was drawn 2-2 after both legs and extra time had been played.
Munich won 2-1 after extra time against Rapid Wien in the quarter-final before winning the semi-final against Standard liege 5-1 on aggregate to reach the final in Nuremberg.
Bayern Munich's team contained arguably some of the best German footballers of all time including Sepp Maier, Franz Beckenbauer and Gerd Müller.
[1] Roger Hynd who was traditionally a central defender played as a striker for Rangers and had a goal disallowed during the 90 minutes.
Bayern scored the only goal of the game when Franz Roth took advantage of hesitancy in the Rangers defence and lobbed Norrie Martin.