The competition starts with 21 teams, which will have to pass two previous rounds in a roundtrip format, after which there will be 8 survivors who will play the quarterfinals. ASK Riga was exempted from playing these rounds
Among the important agreements of the First Conference of European and Mediterranean Coastal Nations, held in 1957 in Munich, the one referring to the organization of a European Champion Clubs’ Cup, originally proposed by the sports newspaper L’Equipe de Paris, stood out. The project, presented jointly by FIBA and the Czechoslovak Basketball Federation at the European Championship in Sofia, was approved at the Second Conference of European and Mediterranean Nations, held in Gauting (Germany) in December 1957
