1948-49 League champions

  • Austria Wiener EV
  • Czechoslovakia LTC Praha
  • Finland Tarmo Hameenlinna
  • France HC Chamonix
  • West Germany EV Fussen
  • East Germany SG Frankenhausen
  • Hungary MTK
  • Italy HC Diavoli Rosso
  • NHL Toronto Maple Leafs
  • Norway Furuset
  • Poland Cracovia Krakow
  • Romania Avintul Miercurea Ciuc
  • Switzerland GC Zurich
  • Yugoslavia Mladost Zagreb

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