Domestically, Benfica played in the Primeira Liga as defending champions, and reached the semi-finals of the Taça da Liga and Taça de Portugal.

The season started on 9 August 2023, with a 2–0 win over Porto in the Supertaça match, and concluded on 17 May 2024, with a second-place finish in Primeira Liga.

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

Win Draw Loss The pre-season began on 5 July 2023.

Source: Liga Portugal The draw for the group stage was held on 31 August 2023.