1903–04 Madrid FC season

[2] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Then two more teams from Madrid, Moncloa FC and Iberia Football Club, were admitted in the competition, forcing a change to the schedule.

As a result, the four Madrid teams were scheduled to play a single-elimination tournament to decide their representative for the Copa del Rey final against automatically qualified Athletic Bilbao.

[6] The semi-final qualifying match between Club Español de Madrid and Madrid-Moderno ended in 5–5 draw.

The captains of both teams agreed not to play extra time, but failed to reach an agreement on when they should replay the match.