The tournament was originally scheduled to be played by 16 teams of 9 national associations, from 1 June to 3 August 1973 with the matches in the tournament played under the home/away match, but a final series was set up for 8 and 10 January 1974, after no team from either of the other two sections participated.

As no clubs entered in the North American section, the winner of the two remaining zones gained the qualification to the final, but both Central American teams withdrew; therefore the final was scratched and the Caribbean winner, Transvaal from Suriname, won the tournament, becoming CONCACAF champion for the first time.

Torneo Centroamericano de Concacaf 1973 Saprissa, Alajuelense and Comunicaciones advanced to the Central American Zone second round.

2 The match was abandoned in the 68th minute with Alajuelense leading 1–0 due to torrential rain which flooded the pitch; the result was allowed to stand.

The final match was not held and Transvaal, winners of the Caribbean Zone, were declared CONCACAF champions after the winners of the Central American Zone Saprissa withdrew on 15 December 1973.