The 1987 Asian Club Championship was the 7th edition of the annual Asian club football competition hosted by Asian Football Confederation. Several Asian clubs started the qualifying round in fall 1987.
Yomiuri FC (Japan) became the second Japanese club to win the Asian Championship.
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<onlyinclude></onlyinclude> All matches were played in Dhaka, Bangladesh.
<onlyinclude></onlyinclude> All matches were played in Malé, Maldives.
<onlyinclude></onlyinclude> All matches were played in Bandung, Indonesia.
<onlyinclude></onlyinclude> All matches were played in Dalian, China PR.
<onlyinclude></onlyinclude> Matches were played home & away.
<onlyinclude></onlyinclude> All matches were played in Riyadh, Saudi Arabia.
<onlyinclude></onlyinclude> All matches were played in Kuala Lumpur, Malaysia.
The final was scratched and Yomiuri were awarded the championship as Al-Hilal were unable to field a team due to nine of their starting players being chosen for the Saudi national team's preparation camp that clashed with the date fixed for the first leg.