| Group D | P | W | D | L | GF | GA | GD | points |
|---|---|---|---|---|---|---|---|---|
 Real Madrid | 6 | 4 | 1 | 1 | 15 | 4 | 11 | 13 |
 Rosenborg BK | 6 | 3 | 2 | 1 | 13 | 8 | 5 | 11 |
Olympiakos | 6 | 1 | 2 | 3 | 6 | 14 | -8 | 5 |
 FC Porto | 6 | 1 | 1 | 4 | 3 | 11 | -8 | 4 |
Wednesday 10 December 1997 | |||||||
| Olympiakos | 2 | - | 2 | Rosenborg BK | 18:30 | STATS» | |
| Real Madrid | 4 | - | 0 | FC Porto | 18:30 | STATS» | |
Thursday 27 November 1997 | |||||||
| FC Porto | 2 | - | 1 | Olympiakos | 18:30 | STATS» | |
| Rosenborg BK | 2 | - | 0 | Real Madrid | 18:30 | STATS» | |
Wednesday 5 November 1997 | |||||||
| Olympiakos | 0 | - | 0 | Real Madrid | 18:30 | STATS» | |
| FC Porto | 1 | - | 1 | Rosenborg BK | 18:30 | STATS» | |
Wednesday 22 October 1997 | |||||||
| Rosenborg BK | 2 | - | 0 | FC Porto | 18:30 | STATS» | |
| Real Madrid | 5 | - | 1 | Olympiakos | 18:30 | STATS» | |
Wednesday 1 October 1997 | |||||||
| Rosenborg BK | 5 | - | 1 | Olympiakos | 18:30 | STATS» | |
| FC Porto | 0 | - | 2 | Real Madrid | 18:30 | STATS» | |
Wednesday 17 September 1997 | |||||||
| Olympiakos | 1 | - | 0 | FC Porto | 18:30 | STATS» | |
| Real Madrid | 4 | - | 1 | Rosenborg BK | 18:30 | STATS» | |