1962–63 European Cup
The 1962–63 European Cup was the eighth season of the European Cup, UEFA's premier club football tournament. The competition was won by AC Milan, who beat two-time defending champions Benfica in the final at Wembley Stadium, London, on 22 May 1963. Milan's victory was the first by an Italian club.
Five-time winners Real Madrid were eliminated in the preliminary round by Anderlecht, the first time previous winners didn't make it to the first round of the competition.
Albania entered its champion for the first time this season.
Teams
A total of 30 teams participated in the competition.Portugal continued to be represented by two clubs, with Benfica qualifying as title holders and Sporting CP as Portuguese champions. CSKA Red Flag appeared in the seventh edition of European Cup, with only Real Madrid having more appearances in the competition.
Partizani, Esbjerg, Ipswich Town, Union Luxembourg, Floriana, Shelbourne, Dundee and 1. FC Köln made their debut in the competition.
Galatasaray returned to the tournament for the first time since 1957, while IFK Norrköping, Polonia Bytom, Anderlecht and eventual winners Milan returned to the competition after five, four, three and three years, respectively.
All participants were their respective associations champions, except for Benfica and Fredrikstad. The latter was leading Hovedserien at the summer break on 1 July 1962, after 21 of 30 matches had been played, but finished third in autumn of 1962.
Preliminary round
Due to the number of participating teams only Reims received a bye to the first round. The remaining clubs would play the preliminary round in September.| Pot 1 Western Europe | Pot 2 Eastern Europe | |
| Drawn | Northern Ireland England West Germany Netherlands Republic of Ireland Belgium Luxembourg Scotland Italy Malta Spain Portugal Switzerland Denmark | Romania Bulgaria Greece Czechoslovakia Hungary Yugoslavia Finland Turkey Poland Norway East Germany Austria Sweden Albania |
| Byes | Reims |
First leg
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Second leg
IFK Norrköping won 3–1 on aggregate.----
Galatasaray won 4–1 on aggregate.
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Esbjerg won 2–1 on aggregate.
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Polonia Bytom won 6–2 on aggregate.
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Milan won 14–0 on aggregate.
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Servette 4–4 Feyenoord on aggregate; [|play-off] needed.
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Vasas won 11–1 on aggregate.
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Ipswich Town won 14–1 on aggregate.
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Anderlecht won 4–3 on aggregate.
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Austria Wien won 7–3 on aggregate.
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Sporting CP won 7–1 on aggregate.
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Dundee won 8–5 on aggregate.
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CSKA Red Flag won 6–2 on aggregate.
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''Dukla Prague won 4–0 on aggregate.''
Play-off
''Feyenoord won play-off 3–1.''First round
First leg
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Second leg
Dundee won 4–2 on aggregate.----
Anderlecht won 4–2 on aggregate.
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Reims won 7–3 on aggregate.
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Dukla Prague won 5–0 on aggregate.
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Galatasaray won 4–2 on aggregate.
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Benfica won 6–2 on aggregate.
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Feyenoord 3–3 Vasas on aggregate; play-off needed.
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''Milan won 4–2 on aggregate.''
Play-off
''Feyenoord won play-off 1–0.''Quarter-finals
First leg
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Second leg
Benfica won 2–1 on aggregate.----
Feyenoord won 2–1 on aggregate.
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Milan won 8–1 on aggregate.
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''Dundee won 6–2 on aggregate.''
Semi-finals
First leg
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Milan won 5–2 on aggregate.----
''Benfica won 3–1 on aggregate.''
Top goalscorers
The top scorers from the 1962–63 European Cup were as follows:| Rank | Player | Team | Goals |
| 1 |  fbaicon|ITA |