Dunfermline Athletic F.C.
Újpest entered the 1961–62 European Cup Winners' Cup. In the first round Újpest beat Floriana F.C. 5–2 at the Independence Ground, Floriana, Malta. In the second leg, Újpest beat Floriana F.C. 10–2 at the Megyeri úti Stadium. In the second round, Újpest lost to Ajax Amsterdam 2–1 at the Olympic Stadium. In the second leg, Újpest beat Ajax Amsterdam 3–1 at the Megyeri úti Stadium. In the quarter-finals, Újpest beat 4–3 Dunfermline Athletic F.C. at the Megyeri úti Stadium. In the second leg, Újpest beat Dunfermline Athletic F.C. 1–0 at the East End Park, in Dunfermline, Scotland. In the semi-finals, Újpest lost 2–0 to ACF Fiorentina at the Stadio Artemio Franchi, Florence, Italy. In the second leg, Újpest were beaten by ACF Fiorentina 1–0 at the Megyeri úti Stadium. Reaching the semi-finals of the 1961–62 European Cup Winners' Cup has been the biggest international achievement of Újpest until now.