| Group B | P | W | D | L | GF | GA | GD | points |
|---|---|---|---|---|---|---|---|---|
 Paris Saint-Germain | 6 | 6 | 0 | 0 | 12 | 3 | 9 | 18 |
 Bayern Munich | 6 | 2 | 2 | 2 | 8 | 7 | 1 | 8 |
 Spartak Moscow | 6 | 1 | 2 | 3 | 8 | 12 | -4 | 5 |
 Dynamo Kyiv | 6 | 1 | 0 | 5 | 5 | 11 | -6 | 3 |
Wednesday 7 December 1994 | |||||||
| Paris Saint-Germain | 4 | - | 1 | Spartak Moscow | 18:30 | STATS» | |
| Dynamo Kyiv | 1 | - | 4 | Bayern Munich | 18:30 | STATS» | |
Wednesday 23 November 1994 | |||||||
| Bayern Munich | 0 | - | 1 | Paris Saint-Germain | 18:30 | STATS» | |
| Spartak Moscow | 1 | - | 0 | Dynamo Kyiv | 18:30 | STATS» | |
Wednesday 2 November 1994 | |||||||
| Paris Saint-Germain | 1 | - | 0 | Dynamo Kyiv | 18:30 | STATS» | |
| Bayern Munich | 2 | - | 2 | Spartak Moscow | 18:30 | STATS» | |
Wednesday 19 October 1994 | |||||||
| Dynamo Kyiv | 1 | - | 2 | Paris Saint-Germain | 18:30 | STATS» | |
| Spartak Moscow | 1 | - | 1 | Bayern Munich | 18:30 | STATS» | |
Wednesday 28 September 1994 | |||||||
| Spartak Moscow | 1 | - | 2 | Paris Saint-Germain | 18:30 | STATS» | |
| Bayern Munich | 1 | - | 0 | Dynamo Kyiv | 18:30 | STATS» | |
Wednesday 14 September 1994 | |||||||
| Paris Saint-Germain | 2 | - | 0 | Bayern Munich | 18:30 | STATS» | |
| Dynamo Kyiv | 3 | - | 2 | Spartak Moscow | 18:30 | STATS» | |