Pirmdiena, 20. oktobris, 2008 — ceturtdiena, 15. janvāris, 2009
| 1.kārta | 90:64 | | CSKA Moscow — AJ Milano | |     |
| | 61:60 | | Efes Pilsen — Partizan Igokea | | |
| | 87:66 | | Real Madrid — Panionios | | |
| 2.kārta | 52:86 | | Panionios — CSKA Moscow | | |
| | 71:81 | | AJ Milano — Efes Pilsen | | |
| | 81:77 | | Partizan Igokea — Real Madrid | | |
| 3.kārta | 68:79 | | Efes Pilsen — Panionios | | |
| | 81:76 | | Partizan Igokea — AJ Milano | | |
| | 54:58 | | Real Madrid — CSKA Moscow | | |
| 4.kārta | 90:68 | | CSKA Moscow — Efes Pilsen | | |
| | 72:67 | | Panionios — Partizan Igokea | | |
| | 70:69 | | Real Madrid — AJ Milano | | |
| 5.kārta | 81:95 | | Efes Pilsen — Real Madrid | | |
| | 62:63 | | Partizan Igokea — CSKA Moscow | | |
| | 77:73 | | AJ Milano — Panionios | | |
| 6.kārta | 68:66 | | Panionios — Real Madrid | | |
| | 83:77 | | Partizan Igokea — Efes Pilsen | | |
| | 80:79 | | AJ Milano — CSKA Moscow | | |
| 7.kārta | 93:61 | | CSKA Moscow — Panionios | | |
| | 74:67 | | Efes Pilsen — AJ Milano | | |
| | 68:67 | | Real Madrid — Partizan Igokea | | |
| 8.kārta | 78:82 | | CSKA Moscow — Real Madrid | | |
| | 73:59 | | AJ Milano — Partizan Igokea | | |
| | 64:78 | | Panionios — Efes Pilsen | | |
| 9.kārta | 55:74 | | Efes Pilsen — CSKA Moscow | | |
| | 80:57 | | Partizan Igokea — Panionios | | |
| | 70:61 | | AJ Milano — Real Madrid | | |
| 10.kārta | 80:69 | | Real Madrid — Efes Pilsen | | |
| | 77:87 | | Panionios — AJ Milano | | |
| | 63:66 | | CSKA Moscow — Partizan Igokea | | |
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