1903 in Argentine football saw champion Alumni win its fourth consecutive league championship. On 26 July 1903 Alumni lost its first league game in four years. Flores Athletic Club, which had left the Association in 1898, returned to the competition under the name "Club Atlético de Flores".
The championship was expanded to a 6 team league format in 1903, with each team playing the other twice. In February 1903 the association changed its name from "The Argentine Association Football League" to "Argentine Football Association"