This was the first final to feature a club from Australia and the second season in a row that a Japanese club has made it this far. The winners, Gamba Osaka, received US$600,000 prize money and qualified to represent Asia in the 2008 FIFA Club World Cup where they were defeated at the semi final stage by the European champions. Despite losing this final, Adelaide United also qualified for the FIFA Club World Cup by replacing the host country berth, which was provisionally reserved for the J. League champions, and were defeated once again by Gamba Osaka at the Quarter Final stage.
The rules for the final were exactly the same as for the previous knockout rounds. The tie was contested over two legs with away goals deciding the winner if the two teams were level on goals after the second leg. If the teams could still not be separated at that stage then extra time would have been played with a penalty shootout taking place if the teams were still level after that.
Adelaide United considered applying for permission to play their home leg in a stadium larger than Hindmarsh such as Adelaide Oval or AAMI Stadium but the club eventually decided that it would not be right to play such a big match away from their traditional home despite its smaller capacity.