| Spanish Primera Liga |
| No. | Date | Ven | Opponent | Result | HT | Scorers | Attend |
| 1 | 31-Aug-03 | A | Sevilla FC | L | 0-1 | (0-1) | | 30,000 |
| 2 | 03-Sep-03 | H | Albacete | W | 1-0 | (0-0) | Jorge 50 | 45,000 |
| 3 | 14-Sep-03 | A | Osasuna | L | 0-1 | (0-1) | | 14,255 |
| 4 | 20-Sep-03 | H | Valencia | L | 0-3 | (0-0) | | 50,000 |
| 5 | 28-Sep-03 | H | Barcelona | D | 0-0 | (0-0) | | 55,000 |
| 6 | 04-Oct-03 | A | Deportivo | L | 1-5 | (1-2) | M Lequi 11 | 25,000 |
| 7 | 19-Oct-03 | H | Real Mallorca | W | 2-1 | (1-1) | Fernando Torres 27; Jorge 90 | 35,000 |
| 8 | 26-Oct-03 | A | Murcia | W | 3-1 | (2-0) | Fernando Torres 13p, 82; T Nikolaidis 38 | 15,000 |
| 9 | 30-Oct-03 | H | Real Sociedad | W | 4-0 | (1-0) | T Nikolaidis 19; Fernando Torres 57p, 65; D Simeone 80 | 30,000 |
| 10 | 02-Nov-03 | A | Real Betis | W | 2-1 | (1-1) | Fernando Torres 40, 50p | 35,000 |
| 11 | 09-Nov-03 | H | Villarreal | W | 1-0 | (0-0) | A Novo 55 | 55,000 |
| 12 | 23-Nov-03 | A | Real Valladolid | L | 1-3 | (1-2) | K Musampa 14 | 15,500 |
| 13 | 29-Nov-03 | H | Malaga | W | 2-0 | (1-0) | G De Los Santos 6; T Nikolaidis 70 | 45,600 |
| 14 | 03-Dec-03 | A | Real Madrid | L | 0-2 | (0-2) | | 78,000 |
| 15 | 07-Dec-03 | H | Espanyol | W | 2-0 | (1-0) | Fernando Torres 21, 74p | 40,000 |
| 16 | 13-Dec-03 | A | Celta Vigo | D | 2-2 | (1-2) | D Simeone 17; M Lequi 83 | 17,000 |
| 17 | 20-Dec-03 | H | Racing Santander | D | 2-2 | (0-0) | V Paunovic 63; K Musampa 70 | 50,000 |
| 18 | 03-Jan-04 | A | Real Zaragoza | D | 0-0 | (0-0) | | 30,000 |
| 19 | 11-Jan-04 | H | Athletic Bilbao | W | 3-0 | (0-0) | Fernando Torres 74, 83p; V Paunovic 90 | 35,000 |
| 20 | 18-Jan-04 | H | Sevilla FC | W | 2-1 | (1-0) | Fernando Torres 43; T Nikolaidis 70 | 55,000 |
| 21 | 24-Jan-04 | A | Albacete | D | 1-1 | (1-0) | Nano 32 | 17,000 |
| 22 | 31-Jan-04 | H | Osasuna | D | 1-1 | (0-1) | T Nikolaidis 90 | 40,000 |
| 23 | 07-Feb-04 | A | Valencia | L | 0-3 | (0-1) | | 45,000 |
| 24 | 15-Feb-04 | A | Barcelona | L | 1-3 | (1-3) | T Nikolaidis 22 | 83,559 |
| 25 | 21-Feb-04 | H | Deportivo | D | 0-0 | (0-0) | | 35,000 |
| 26 | 29-Feb-04 | A | Real Mallorca | W | 1-0 | (0-0) | Fernando Torres 90 | 14,000 |
| 27 | 07-Mar-04 | H | Murcia | D | 1-1 | (0-0) | Nano 90 | 35,000 |
| 28 | 13-Mar-04 | A | Real Sociedad | L | 1-2 | (0-2) | V Paunovic 73 | 21,865 |
| 29 | 20-Mar-04 | H | Real Betis | W | 2-1 | (0-0) | V Paunovic 52; Fernando Torres 68 | 50,000 |
| 30 | 28-Mar-04 | A | Villarreal | D | 0-0 | (0-0) | | 9,000 |
| 31 | 04-Apr-04 | H | Real Valladolid | W | 2-1 | (2-0) | Fernando Torres 24; V Paunovic 45 | 50,000 |
| 32 | 10-Apr-04 | A | Malaga | L | 1-3 | (1-2) | Nano 45 | 22,000 |
| 33 | 17-Apr-04 | H | Real Madrid | L | 1-2 | (0-1) | V Paunovic 48p | 58,000 |
| 34 | 24-Apr-04 | A | Espanyol | L | 1-3 | (0-0) | Fernando Torres 90 | 34,200 |
| 35 | 01-May-04 | H | Celta Vigo | W | 3-2 | (3-1) | Nano 2; Fernando Torres 5; J Garcia Calvo 38 | 40,000 |
| 36 | 09-May-04 | A | Racing Santander | D | 2-2 | (1-0) | A Ibagaza 27; G De Los Santos 59 | 14,753 |
| 37 | 16-May-04 | H | Real Zaragoza | L | 1-2 | (0-0) | Nano 65 | 50,000 |
| 38 | 23-May-04 | A | Athletic Bilbao | W | 4-3 | (3-1) | A Ibagaza 25; G De Los Santos 32; Fernando Torres 34, 83 | 35,000 |
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| Spanish Cup |
| Date | Ven | Opponent | Result | HT | Scorers | Attend |
| 1 | 08-Oct-03 | A | Conquense | W | 3-2 | (3-1) | Rodrigo 2, 37; K Musampa 45 | 5,400 |
| 2 | 16-Dec-03 | A | Cultural Leonesa | W | 1-0 | (0-0) | Fernando Torres 88 | 10,000 |
| 3 L1 | 06-Jan-04 | H | Deportivo | D | 0-0 | (0-0) | | 25,000 |
| 3 L2 | 15-Jan-04 | A | Deportivo | D | 1-1 | (0-0) | V Paunovic 66 | 20,000 |
| QF L1 | 21-Jan-04 | A | Sevilla FC | L | 0-4 | (0-3) | | 30,000 |
| QF L2 | 28-Jan-04 | H | Sevilla FC | L | 1-2 | (1-0) | Fernando Torres 12 | 20,000 |
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Home and away results against each team, listed in the current league table standings