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The 1994–95 Asian Club Championship was the 14th edition of the annual international club football competition held in the AFC region (Asia). It determined that year's club champion of association football in Asia.

Thai Farmers Bank FC from Thailand crowned Asian champion for the second consecutive year.

Preliminary round

Central Asia

Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification
FK Neftchy Farg'ona (H)	4	4	0	0	17	1	+16	12	Advance to First Round
Köpetdag Aşgabat	4	3	0	1	11	3	+8	9
Ansat Pavlodar	4	1	0	3	4	6	−2	3
Sitora Dushanbe	4	1	0	3	4	15	−11	3
Alga Bishkek	4	1	0	3	2	13	−11	3

Ansat Pavlodar	0–2	Kopetdag Asgabat

FK Neftchy Farg'ona	9–0	Alga Bishkek

Kopetdag Asgabat	7–1	Sitora Dushanbe

FK Neftchy Farg'ona	3–0	Ansat Pavlodar

Ansat Pavlodar	4–0	Sitora Dushanbe

Kopetdag Asgabat	1–0	Alga Bishkek

FK Neftchy Farg'ona	2–1	Kopetdag Asgabat

Sitora Dushanbe	3–1	Alga Bishkek

FK Neftchy Farg'ona	3–0	Sitora Dushanbe

Ansat Pavlodar	0–1	Alga Bishkek

South Asia

Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification
Mohun Bagan (H)	2	2	0	0	12	2	+10	6	Advance to First Round
Club Valencia	2	1	0	1	3	8	−5	3
Ratnam SC	2	0	0	2	2	7	−5	0

Pakistan did not send a team.

Mohun Bagan	7–1	Club Valencia

Mohun Bagan	5–1	Ratnam SC

Club Valencia	2–1	Ratnam SC

South-East Asia

Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification
Kota Ranger (H)	0	0	0	0	0	0	0	0	Advance to First Round
Negro Rubro Macau	0	0	0	0	0	0	0	0
Davao City	0	0	0	0	0	0	0	0

1. ^ Results unknown

All matches were played in Bandar Seri Begawan, Brunei, from 26 to 30 August 1994.

First round

West Asia

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Kazma SC	2–2 (a)	Al-Arabi	2–1	0–1
Saipa	bye
Mirbat	bye
West Riffa	bye
Al-Ansar	bye
Al-Wasl	bye
FK Neftchy Farg'ona	bye
Al-Shabab	bye

Note: the Jordanian FA did not send a team, while Al-Ahli withdrew before the draw.

East Asia

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Ilhwa Chunma	10–4	Kedah FA	5–3	5–1
Kota Ranger	2–12	Eastern AA	1–6	1–6
Club Valencia	5–9	Bangkok Bank of Commerce	3–4	2–5
Thai Farmers Bank	bye
Mohun Bagan	bye
Verdy Kawasaki	bye
Pelita Jaya	bye
Liaoning FC	bye

Note: Bangkok Bank withdrew before the draw, while the Thai's FA send Bangkok Bank of Commerce as a representative.

Second round

West Asia

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Al-Shabab	3–3 (4–5p)	Al-Ansar	3–0	0–3
Al-Arabi	9–4	Mirbat	5–0	4–4
Saipa	3–3 (a)	FK Neftchy Farg'ona	2–2	1–1
West Riffa	3–3 (3–4p)	Al-Wasl	2–1	1–2

East Asia

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Thai Farmers Bank	7–0	Mohun Bagan	4–0	3–0
Eastern AA	4–6	Verdy Kawasaki	1–2	3–4
Pelita Jaya	1–5	Ilhwa Chunma	0–1	1–4
Liaoning FC	4–2	Bangkok Bank of Commerce	4–1	0–1

The AFC ordered that the 2nd leg was to be played in Malaysia due to a plague pandemic in India, but Mohun Bagan objected to the ruling and refused to travel; they were ejected from the competition, fined $3000 and banned from AFC competitions for three years.

Quarterfinals

West Asia

Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification
FK Neftchy Farg'ona	3	1	1	1	6	4	+2	4	Advance to Semi-finals
Al-Arabi (H)	3	1	1	1	3	3	0	4
Al Wasl FC	3	1	1	1	4	6	−2	4
Al-Ansar	3	0	3	0	4	4	0	3

All matches were played in Doha, Qatar.

Al Arabi	1–2	Al-Wasl

FK Neftchy Farg'ona	2–2	Al-Ansar

FK Neftchy Farg'ona	4–1	Al-Wasl

Al Arabi	1–1	Al-Ansar

Al Arabi	1–0	FK Neftchy Farg'ona

Al Wasl	1–1	Al-Ansar

East Asia

Team	Pld	W	D	L	GF	GA	GD	Pts	Qualification
Ilhwa Chunma (H)	3	3	0	0	7	2	+5	9	Advance to Semi-finals
Thai Farmers Bank FC	3	0	2	1	2	3	−1	2
Liaoning FC	3	0	2	1	3	5	−2	2
Verdy Kawasaki	3	0	2	1	1	3	−2	2

All matches were played at Changwon Sports Park in Changwon, South Korea.

Ilhwa Chunma	3–1	Verdy Kawasaki
Lee Gi-beom 8', 18' Shin Tae-yong 36'		Yoshinori Abe 64'

Ilhwa Chunma	3–1	Liaoning FC
Lee Sang-yoon 15', 40' Ha Seong-jun 55'

Ilhwa Chunma	1–0	Thai Farmers Bank
Park Nam-yeol 29'

Liaoning FC	2–2	Thai Farmers Bank

Verdy Kawasaki	0–0	Thai Farmers Bank

Verdy Kawasaki	0–0	Liaoning FC

Knockout Stage

Bracket

	Semi-finals				Final
	27 January – Bangkok
	Ilhwa Chunma	0
					29 January – Bangkok
	Al-Arabi	2
					Al-Arabi	0
	27 January – Bangkok
					Thai Farmers Bank	1
	FK Neftchy Farg'ona	2 (2)
	Thai Farmers Bank (p)	2 (3)
					Third place play-off
					29 January – Bangkok
					Ilhwa Chunma	0
					FK Neftchy Farg'ona	1

Semi-finals

Ilhwa Chunma	0–2	Al-Arabi

FK Neftchy Farg'ona	2–2 (a.e.t.)	Thai Farmers Bank
Penalties
	2–3

Third placed play-off

Ilhwa Chunma	1–0	FK Neftchy Farg'ona
		Ravshan Bozorov 66' (pen.)

Final

Al-Arabi	0–1	Thai Farmers Bank
		Natipong Sritong-In 82'

References

1. "第十四届亚洲俱乐部男子足球冠军赛". Archived from the original on 22 February 2014. Retrieved 20 March 2013.

• Asian Club Competitions 1994/95 at RSSSF.com

• 1994 in Asian football
• 1995 in Asian football
• Asian Club Championship seasons