This Club America retro shirt 1998-1999 with Coca Cola sponsore was used of players like: Garcia Aspe, Ramon Ramirez, Isaac Terrazas, Carlos Hermosillo and others.

In 1998 América, along with Guadalajara, became the first Mexican clubs to participate in the Copa Libertadores tournament. They were inserted in a group where both teams confronted clubs from Venezuela. América finished in second position of the qualifying stage and advanced to the group stages. América was put in Group 3 along with Guadalajara and Brazilian clubs Grêmio and Vasco da Gama. América qualified to the next round finishing in third place, being eliminated by Argentine club River Plate.