| Season | Winner | Runner-up |
| 2021/2022 | Real Madrid  | Liverpool  |
| 2020/2021 | Chelsea | Manchester City |
| 2019/2020 | Bayern München  | Paris SG  |
| 2018/2019 | Liverpool | Tottenham Hotspur |
| 2017/2018 | Real Madrid | Liverpool |
| 2016/2017 | Real Madrid | Juventus  |
| 2015/2016 | Real Madrid | Atlético Madrid |
| 2014/2015 | Barcelona | Juventus |
| 2013/2014 | Real Madrid | Atlético Madrid |
| 2012/2013 | Bayern München | Borussia Dortmund |
| 2011/2012 | Chelsea | Bayern München |
| 2010/2011 | Barcelona | Manchester United |
| 2009/2010 | Internazionale | Bayern München |
| 2008/2009 | Barcelona | Manchester United |
| 2007/2008 | Manchester United | Chelsea |
| 2006/2007 | AC Milan | Liverpool |
| 2005/2006 | Barcelona | Arsenal |
| 2004/2005 | Liverpool | AC Milan |
| 2003/2004 | Porto  | Monaco |
| 2002/2003 | AC Milan | Juventus |
| 2001/2002 | Real Madrid | Bayer Leverkusen |
| 2000/2001 | Bayern München | Valencia |
| 1999/2000 | Real Madrid | Valencia |
| 1998/1999 | Manchester United | Bayern Munchen |
| 1997/1998 | Real Madrid | Juventus |
| 1996/1997 | Borussia Dortmund | Juventus |
| 1995/1996 | Juventus | Ajax  |
| 1994/1995 | Ajax | AC Milan |
| 1993/1994 | AC Milan | Barcelona |
| 1992/1993 | Olympique Marseille | AC Milan |
| 1991/1992 | Barcelona | Sampdoria |
| 1990/1991 | Crvena Zvezda  | Olympique Marseille |
| 1989/1990 | AC Milan | Benfica |
| 1988/1989 | AC Milan | FCSB  |
| 1987/1988 | PSV | Benfica |
| 1986/1987 | Porto | Bayern München |
| 1985/1986 | FCSB | Barcelona |
| 1984/1985 | Juventus | Liverpool |
| 1983/1984 | Liverpool | Roma |
| 1982/1983 | Hamburger SV | Juventus |
| 1981/1982 | Aston Villa | Bayern München |
| 1980/1981 | Liverpool | Real Madrid |
| 1979/1980 | Nottingham Forest | Hamburger SV |
| 1978/1979 | Nottingham Forest | Malmö FF  |
| 1977/1978 | Liverpool | Club Brugge  |
| 1976/1977 | Liverpool | Borussia M’gladbach |
| 1975/1976 | Bayern München | Saint-Etienne |
| 1974/1975 | Bayern München | Leeds United |
| 1973/1974 | Bayern München | Atlético Madrid |
| 1972/1973 | Ajax | Juventus |
| 1971/1972 | Ajax | Internazionale |
| 1970/1971 | Ajax | Panathinaikos  |
| 1969/1970 | Feyenoord | Celtic  |
| 1968/1969 | AC Milan | Ajax |
| 1967/1968 | Manchester United | Benfica |
| 1966/1967 | Celtic | Internazionale |
| 1965/1966 | Real Madrid | Partizan |
| 1964/1965 | Internazionale | Benfica |
| 1963/1964 | Internazionale | Real Madrid |
| 1962/1963 | AC Milan | Benfica |
| 1961/1962 | Benfica | Real Madrid |
| 1960/1961 | Benfica | Barcelona |
| 1959/1960 | Real Madrid | Eintracht Frankfurt |
| 1958/1959 | Real Madrid | Reims |
| 1957/1958 | Real Madrid | AC Milan |
| 1956/1957 | Real Madrid | Fiorentina |
| 1955/1956 | Real Madrid | Reims |
