The competition was contested by 12 teams: the title holders, one entry from each of the ten CONMEBOL associations, plus an additional entry from the host association.[3]
Brazil (BRA): The Brazilian Football Confederation awarded to Cascavel the Brazil berth as winners of the 2021 Liga Nacional de Futsal. Previously, the Brazil berth was awarded to the champions of the Supercopa de Futsal, an event organized by Brazilian Futsal Confederation.[15]
Argentina (ARG): The second Argentine berth was originally reserved for the 2021 Liga Nacional de Futsal champions, however, the second berth was awarded to Boca Juniors as Barracas Central were champions in both tournaments that awarded berths to the 2022 Copa Libertadores (2021 Campeonato Único de Primera División and 2021 Liga Nacional de Futsal), and Boca Junior were runners-up in both tournaments.
The draw of the tournament was held on 29 August 2022, 12:00 PYT (UTC−4).[18] The draw was conducted based on Regulations Article 16 as follows:[3]
Initially, three teams were seeded and assigned to the head of the groups (San Lorenzo automatically to Group A, the others two via a draw from pot 1):
To Group B: as the first representative of the host association, Barracas Central (Argentina)
To Group C: as the representative of the runner-up national association of the 2021 Copa Libertadores, Cascavel (Brazil)
The remaining nine teams were split into three pots of three based on the final placement of their national association's club in the previous edition of the championship, with the highest three (Venezuela, Peru and Paraguay) placed in Pot 2, the next three (Colombia, Uruguay and Chile) placed in Pot 3 and the lowest two (Ecuador and Bolivia) in pot 4, alongside the additional Argentine club. From each pot, the first team drawn was placed into Group A, the second team drawn placed into Group B and the final team drawn placed into Group C. Clubs from the same association could not be drawn into the same group.
Each team had to enter a squad of a maximum of 14 and a minimum of 9 players, including at least two goalkeepers (Regulations Article 32).[3]
Group stage
The top two teams of each group and the two best third-placed teams advance to the quarter-finals.
Tiebreakers
Teams are ranked according to points (3 points for a win, 1 point for a draw, 0 points for a loss). If tied on points, tiebreakers are applied in the following order (Regulations Article 21):[3]
Results in head-to-head matches between tied teams (points, goal difference, goals scored);
In the quarter-finals, semi-finals and final, extra time and penalty shoot-out would be used to decide the winner if necessary (no extra time would be used in the play-offs for third to twelfth place) (Regulations Article 22).[3]
All match times are in PYT (UTC−4), except for the final matchday (2 October) which are in PYST (UTC−3).