The eleventh Inter-Cities Fairs Cup was played over the 1968–1969 season.

The competition was won by Newcastle United over two legs in the final against Újpest FC.

It was the second consecutive time that a Hungarian side finished runners-up in the competition, and the first time Newcastle United had competed in a European competition.

[1] KB and Union Luxembourg withdrew when drawn to play in Warsaw Pact countries.

Argeș Pitești won on away goals rule.

Leeds United won on a coin toss.