| Tourney Name: | European Cup |
| Year: | 1987–88 |
| Size: | 300px |
| Dates: | 16 September 1987 – 25 May 1988 |
| Num Teams: | 32 |
| Champion Other: | PSV Eindhoven |
| Count: | 1 |
| Second Other: | Benfica |
| Matches: | 61 |
| Goals: | 143 |
| Attendance: | 1719208 |
| Top Scorer: | Rui Águas (Benfica) Gheorghe Hagi (Steaua București) Rabah Madjer (Porto) Ally McCoist (Rangers) Míchel (Real Madrid) Petar Novák (Sparta Prague) René van der Gijp (Neuchâtel Xamax) 4 goals each |
| Prevseason: | 1986–87 |
| Nextseason: | 1988–89 |
The 1987–88 European Cup was the 33rd season of the European Cup club football tournament. The competition was won for the first time by PSV Eindhoven, who defeated two-time winners Benfica in the final at Neckarstadion in Stuttgart. PSV became the first Dutch team to win the title in 15 years. They also set a record by winning only three matches on their route to the Cup, including no wins from the quarter-final onwards.
Porto, the defending champions, were eliminated by Real Madrid in the second round.
English clubs were still banned, following the Heysel Stadium disaster of 1985, so Everton were denied a place in the competition for the second time in three years.
|}1 Partizani Tirana were disqualified due to the behaviour of their players and officials, including having four players sent off in their first leg.
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Neuchâtel Xamax won 6–2 on aggregate.----Bayern Munich won 5–0 on aggregate.----Real Madrid won 3–1 on aggregate.----Porto won 6–0 on aggregate.----Lillestrøm won 5–3 on aggregate.----Bordeaux won 4–0 on aggregate.----Rapid Wien won 7–0 on aggregate.----PSV Eindhoven won 3–2 on aggregate.----Steaua București won 4–2 on aggregate.----Omonia won 1–0 on aggregate.----Rangers won 2–1 on aggregate.----Górnik Zabrze won 3–2 on aggregate.----AGF Aarhus won 4–2 on aggregate.----Partizani were disqualified due to the behaviour of their players and officials, having four players sent off in their first leg. Benfica qualified on a walkover.----Sparta Prague won 10–0 on aggregate.----Anderlecht won 2–1 on aggregate.
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Bayern Munich won 3–2 on aggregate.----Real Madrid won 4–2 on aggregate.----Bordeaux won 1–0 on aggregate.----PSV Eindhoven won 4–1 on aggregate.----Steaua București won 5–1 on aggregate.----Rangers won 4–2 on aggregate.----Benfica won 1–0 on aggregate.----Anderlecht won 3–1 on aggregate.
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Real Madrid won 4–3 on aggregate.----1–1 on aggregate; PSV Eindhoven won on away goals.----Steaua București won 3–2 on aggregate.----Benfica won 2–1 on aggregate.
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1–1 on aggregate; PSV Eindhoven won on away goals.----Benfica won 2–0 on aggregate.
See main article: 1988 European Cup Final.
The top scorers from the 1987–88 European Cup are as follows:[1]
| Rank | Name | Team | Goals | Minutes played |
|---|---|---|---|---|
| 1 | Petar Novák | Sparta Prague | 4 | 185 |
| René van der Gijp | Neuchâtel Xamax | 4 | 270 | |
| Rabah Madjer | Porto | 4 | 349 | |
| Ally McCoist | Rangers | 4 | 435 | |
| Rui Águas | Benfica | 4 | 597 | |
 Gheorghe Hagi | Steaua București | 4 | 675 | |
 Míchel | Real Madrid | 4 | 720 | |
| 8 | Jürgen Wegmann | Bayern Munich | 3 | 179 |
 Jean-Marc Ferreri | Bordeaux | 3 | 345 | |
| Ivan Hašek | Sparta Prague | 3 | 360 | |
| Zlatko Kranjčar |  Rapid Wien | 3 | 360 | |
| António Sousa | Porto | 3 | 360 | |
| Zoran Stojadinović | Rapid Wien | 3 | 360 | |
 Hugo Sánchez | Real Madrid | 3 | 450 | |
 Patrick Vervoort | Anderlecht | 3 | 495 | |
| Marius Lăcătuș | Steaua București | 3 | 578 | |
| Hans Gillhaus | PSV Eindhoven | 3 | 647 |