Melbourne City were the defending champions and premiers, having won their first titles respectively the previous season.

The following do not fill a Visa position: 1Those players who were born and started their professional career abroad but have since gained Australian citizenship (or New Zealand citizenship, in the case of Wellington Phoenix);[43] 2Australian citizens (or New Zealand citizens, in the case of Wellington Phoenix) who have chosen to represent another national team; 3Injury replacement players, or National team replacement players; 4Guest players (eligible to play a maximum of fourteen games)

Due to the re-formatting of the AFC Champions League to have an inter-year schedule from September (northern hemisphere autumn-to-spring) instead of an intra-year schedule (northern hemisphere spring-to-autumn),[66] the qualification for the 2023–24 AFC Champions League was changed.

[67] Melbourne City won the Premiership in both the 2021–22 and 2022–23 seasons,[68] thereby automatically qualifying for the Champions League.

The finals series, which ran over three weeks, consisted of the top six teams from the regular season.