Sixteen teams from six national associations qualified for the competition as a result of their domestic league placing in the previous season.

Following a group stage and a knockout round, the four best teams contested a final four tournament,[1] which took place at the Palau Blaugrana in Barcelona, on 3 and 4 May 2014.

The final match was played between Barcelona and Porto, for the sixth time in the competition's history, after they defeated the defending champions Benfica and the 2012–13 CERS Cup winners Vendrell in the semi-finals, respectively.

The Portuguese team lost their second consecutive final and finished the competition as runners-up for a record tenth time.

The quarter-final winners contested a final four tournament, held at the Palau Blaugrana in Barcelona.