It was the final edition under this name and format, being replaced by the CONCACAF Champions League starting from the 2008–09 season.

It determined that year's club champion of association football in the CONCACAF region.

The tournament was also a qualifying event for the 2008 FIFA Club World Cup.

CONCACAF held the draw on December 18, 2007, to establish the matchups and bracket.

[1] Pachuca – 2007 Clausura champion Atlante – 2007 Apertura champion Houston Dynamo – 2007 MLS Cup champion D.C. United – 2007 MLS Supporters' Shield winner Motagua – 2007 UNCAF Interclub Cup winners Saprissa – 2007 UNCAF Interclub Cup runner-up Municipal – 2007 UNCAF Interclub Cup third place Harbour View – 2007 CFU Club Championship winner Houston Dynamo won 3–1 on aggregate.