Valencia qualified for the second phase of the Champions League after beating Liverpool 1-0 at Anfield tonight.
The victory moved the Spanish side to 13 points from their five matches - six more than Liverpool who remain second on seven.
Basel (5 points from four games) play Spartak Moscow (0 points from four games) next week.
The goal came after 34 minutes following good work down the flank between Curro Torres and Rufete.John Carew latched onto Curro Torres' cross and played the ball back to Rufete whose shot took a deflection off Liverpool captain Sami Hyypia and gave goalkeeper Jerzy Dudek no hope of saving.
Michael Owen should have equalised after 48 minutes but booted his close range effort straight at Valencia 'keeper Santiago Canizares while Kily Gonzalez hit the Liverpool crossbar with a speculative cross.
Valencia are the only side to have beaten Liverpool in a competitive match this season, a feat they have now managed twice after their 2-0 victory at home in the opening game of the competition in September.
Arsenal have also qualified for the next round despite slumping to a fourth successive defeat with a 2-1 loss at Borussia Dortmund.
Tomas Rosicky struck the winner from the penalty spot on 62 minutes for the German side, who also sealed their passage from Group A, after David Seaman had clumsily brought down Czech striker Jan Koller.
Arsenal went ahead in the 19th minute when Thierry Henry curled a free kick over the Dortmund wall and past the static Jens Lehmann.
The German champions equalised in the 38th minute when Czech Rosicky sent an inswinging free-kick into the box and a deflection from Brazilian Gilberto Silva left Seaman helpless.
RESULTS
Group A
Dortmund
2-1Arsenal
PSV
3-0Auxerre
Group B
Liverpool
0-1Valencia
Group C
AEK Athens
1-1Genk
Real Madrid
0-1Roma
Group D
Inter Milan
3-0Rosenborg
Lyon
0-2Ajax