| Tourney Name: | Asian Club Championship |
| Year: | 1987 |
| Dates: | ?? – November 1987 |
| Num Teams: | 22 |
| Champion Other: |  Yomiuri FC |
| Count: | 1 |
| Second Other: | Al-Hilal |
| Matches: | 43 |
| Goals: | 152 |
| Prevseason: | 1986 |
| Nextseason: | 1988–89 |
The 1987 Asian Club Championship was the 7th edition of the annual Asian club football competition hosted by Asian Football Confederation. Several Asian clubs started the qualifying round in Fall of 1987.
Yomiuri FC (Japan) became the second Japanese club to win the Asian Championship.
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| Match 1 | Kazma SC | 0–1 | Al-Hilal | |||||
| Match 2 | Muharraq | 0–1 | Al-Nasr | |||||
| Match 3 | Kazma SC | 3–0 | Muharraq | |||||
| Match 4 | Al-Hilal | 0–0 | Al-Nasr | |||||
| Match 5 | Al-Hilal | 3–0 | Fanja | |||||
| Match 6 | Kazma SC | 1–0 | Al-Nasr | |||||
| Match 7 | Muharraq | 2–1 | Fanja | |||||
| Match 8 | Kazma SC | 2–0 | Fanja | |||||
| Match 9 | Al-Hilal | 2–3 | Muharraq | |||||
| Match 10 | Al-Nasr | 2–3 | Fanja |
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|---|---|---|---|---|---|---|---|---|
| Match 1 | Al Rasheed | 2–0 | Mohun Bagan AC | |||||
| Match 2 | Mohammedan SC | 6–2 | Manang Marsyangdi | |||||
| Match 3 | Al Rasheed | 5–1 | Mohammedan SC | |||||
| Match 4 | Mohun Bagan AC | 6–1 | Manang Marsyangdi | |||||
| Match 5 | Mohun Bagan AC | 4–1 | PAF FC | |||||
| Match 6 | Al Rasheed | 6–1 | Manang Marsyangdi | |||||
| Match 7 | Mohammedan SC | 3–1 | PAF FC | |||||
| Match 8 | Al Rasheed | 10–0 | PAF FC | |||||
| Match 9 | Mohun Bagan AC | 2–2 | Mohammedan SC | |||||
| Match 10 | Manang Marsyangdi | 4–1 | PAF FC |
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|---|---|---|---|---|---|---|---|---|
| Match 1 | Bangkok Bank | 0–0 | Air Force SC | |||||
| Match 2 | Bangkok Bank | 7–0 | Victory SC | |||||
| Match 3 | Air Force SC | 1–1 | Victory SC |
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|---|---|---|---|---|---|---|---|---|
| Match 1 | August 1 | 2–0 | April 25 | |||||
| Match 2 | August 1 | 3–0 | Hap Kuan | |||||
| Match 3 | April 25 | 2–1 | Hap Kuan |
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|---|---|---|---|---|---|---|---|---|
| South China | 0–1 | Yomiuri FC | ||||||
| 8 October 1987 | Yomiuri FC | 2–0 | South China |
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|---|---|---|---|---|---|---|---|---|
| Match 1 | Al-Hilal | 2–1 | Al Rasheed | |||||
| Match 2 | Al-Hilal | 4–0 | Bangkok Bank FC | |||||
| Match 3 | Al Rasheed | 6–1 | Bangkok Bank FC |
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|---|---|---|---|---|---|---|---|---|
| 3 November 1987 | Yomiuri FC | 2–1 | Kazma SC | |||||
| 3 November 1987 | Federal Territory | 1–1 | August 1 | |||||
| 5 November 1987 | Yomiuri FC | 0–1 | Federal Territory | |||||
| 5 November 1987 | Kazma SC | 1–0 | August 1 | |||||
| 7 November 1987 | Yomiuri FC | 2–0 | August 1 | |||||
| 7 November 1987 | Federal Territory | 1–1 | Kazma SC |
The final was cancelled as Al-Hilal were unable to field a team due to nine of their starting players being chosen for the Saudi national team's preparation camp that clashed with the date fixed for the first leg.
Yomiuri FC were awarded the championship.