Porto won 3–2 after silver goal extra time and became the first Portuguese team to win the competition.

[1] Feyenoord could not defend their title as they automatically qualified for the 2002–03 UEFA Champions League and were also eliminated from all European competitions after finishing bottom of their group.

However, this additional entry was not necessary for this season since the title holders (Feyenoord) qualified for European competitions through their domestic performance.

[3][4] Apart from the allocation based on the country coefficients, associations had additional teams participating in the UEFA Cup, as noted below: Since the title holders (Feyenoord) qualified for the Champions League through their domestic performance, the first round spot reserved for the title holders was vacated, and the following changes to the default allocation system were made:[2][4] A UEFA Cup place is vacated when a team qualifies for both the Champions League and the UEFA Cup, or qualifies for the UEFA Cup by more than one method.

When a place is vacated, it is redistributed within the national association by the following rules:[2] The labels in the parentheses show how each team qualified for the place of its starting round:[4] The schedule of the competition was as follows (all draws held at UEFA headquarters in Nyon, Switzerland, unless stated otherwise).