[Group A] [Group B] [Group C] [Group D] [Group E] [Group F] [Group G] [Group H]
| Round | Date | Team 1 | Team 2 | Results |
| 1 | 2004-09-15 | Liverpool | Monaco | 2-0 |
| 1 | 2004-09-15 | Deportivo | Olympiacos | 0-0 |
| 2 | 2004-09-28 | Olympiacos | Liverpool | 1-0 |
| 2 | 2004-09-28 | Monaco | Deportivo | 2-0 |
| 3 | 2004-10-19 | Monaco | Olympiacos | 2-1 |
| 3 | 2004-10-19 | Liverpool | Deportivo | 0-0 |
| 4 | 2004-11-03 | Olympiacos | Monaco | 1-0 |
| 4 | 2004-11-03 | Deportivo | Liverpool | 0-1 |
| 5 | 2004-11-23 | Monaco | Liverpool | 1-0 |
| 5 | 2004-11-23 | Olympiacos | Deportivo | 1-0 |
| 6 | 2004-12-08 | Liverpool | Olympiacos | 3-1 |
| 6 | 2004-12-08 | Deportivo | Monaco | 0-5 |
| Team: | Matches | Victories | Draws | Defeats | F - A | Points | |
| Monaco | 6 | 4 | 0 | 2 | 10 | 4 | 12 |
| Liverpool | 6 | 3 | 1 | 2 | 6 | 3 | 10 |
| Olympiacos | 6 | 3 | 1 | 2 | 5 | 5 | 10 |
| Deportivo | 6 | 0 | 2 | 4 | 0 | 9 | 2 |
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