The competition started on 26 May 1971 and concluded on 12 June 1971 with Blackpool beating Bologna 2-1 in the final.
Details
The twelve teams were divided into three groups of four teams — two from England and two from Italy. Each team plays the two foreign teams twice, home and away. The teams are then ranked against teams in their own country in a league, and the top-ranked teams from each country play off in a final for the trophy.