The tenth Inter-Cities Fairs Cup was played over the 1967–68 season. The competition was won by Leeds United over two legs in the final against Ferencváros. It was the first English victory in the competition, despite sides from the country having finished as defeated finalists on four previous occasions. English clubs went on to win the cup on the final four occasions it was contested.

First round

First leg

Second leg

Dinamo Zagreb won 5–2 on aggregate. Bologna won 2–0 on aggregate. Ferencváros won 5–3 on aggregate. Bordeaux won 9–4 on aggregate. Fiorentina won 5–0 on aggregate. Leeds won 16–0 on aggregate. Forest won 5–0 on aggregate. Napoli won 5–1 on aggregate. Hibernian won 4–3 on aggregate. RFC Liégeois won 5-2 on aggregate. FK Vojvodina won 4–1 on aggregate.

Second round

First leg

Second leg

FC Zürich won 3-2 on away goals Sporting CP won 3–2 on aggregate. Hibernian won 6–4 on aggregate. Leeds won 3–2 on aggregate. Bologna won 2–1 on aggregate.

Third round

Dundee FC, Rangers FC, Athletic Bilbao and Bologna received byes to the Quarter-Finals.

First leg

Second leg

Leeds won 2–1 on aggregate.

Quarter-finals

First leg

Second leg

Bologna won 2–0 on aggregate. Leeds won 2–0 on aggregate.

Semi-finals

First leg

Second leg

Ferencváros won 5–4 on aggregate. Leeds won 2–1 on aggregate.

Final

First leg

Second leg

Leeds won 1–0 on aggregate.