Trešdiena, 19. oktobris, 2011 — ceturtdiena, 22. decembris, 2011
| | 66:69 | | Fenerbahce Ulker — Caja Laboral | |     |
| | 80:69 | | Bennet Cantu — Sluc Nancy | | |
| | 76:61 | | Bilbao Basket — Olympiacos | | |
| | 81:69 |  | Caja Laboral — Bennet Cantu | | |
| | 81:74 | | Olympiacos — Fenerbahce Ulker | | |
| | 87:73 | | Sluc Nancy — Bilbao Basket | | |
| | 81:79 | | Caja Laboral — Olympiacos | | |
| | 90:86 | | Fenerbahce Ulker — Sluc Nancy | | |
| | 78:69 | | Bennet Cantu — Bilbao Basket | | |
| | 64:63 | | Bennet Cantu — Olympiacos | | |
| | 70:73 | | Bilbao Basket — Fenerbahce Ulker | | |
| | 90:85 | | Sluc Nancy — Caja Laboral | | |
| | 85:83 | | Fenerbahce Ulker — Bennet Cantu | | |
| | 84:89 | | Caja Laboral — Bilbao Basket | | |
| | 91:78 | | Olympiacos — Sluc Nancy | | |
| | 88:81 | | Olympiacos — Bilbao Basket | | |
| | 76:75 | | Sluc Nancy — Bennet Cantu | | |
| | 90:85 | | Caja Laboral — Fenerbahce Ulker | | |
| | 97:75 | | Bilbao Basket — Sluc Nancy | | |
| | 86:70 | | Fenerbahce Ulker — Olympiacos | | |
| | 71:68 | | Bennet Cantu — Caja Laboral | | |
| | 64:67 | | Bilbao Basket — Bennet Cantu | | |
| | 53:73 | | Sluc Nancy — Fenerbahce Ulker | | |
| | 84:82 | | Olympiacos — Caja Laboral | | |
| | 90:55 | | Caja Laboral — Sluc Nancy | | |
| | 70:80 | | Fenerbahce Ulker — Bilbao Basket | | |
| | 86:61 | | Olympiacos — Bennet Cantu | | |
| | 77:72 | | Bilbao Basket — Caja Laboral | | |
| | 74:79 | | Sluc Nancy — Olympiacos | | |
| | 76:83 | | Bennet Cantu — Fenerbahce Ulker | | |
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