The 1968–69 FIBA European Champions Cup was the twelfth installment of the European top-tier level professional basketball club competition FIBA European Champions Cup (now called EuroLeague).

The Final was held at Palau dels Esports, in Barcelona, Catalonia, Spain, on April 24, 1969, and it was won by CSKA Moscow, who defeated Real Madrid 103–99.

The quarterfinals were played with a round-robin system, in which every Two Game series (TGS) constituted as one game for the record.

April 24, Palau dels Esports de Barcelona, Barcelona