The players scoring the goals are still named, but individual scores are no longer kept. The regional tournaments have been eliminated and replaced with alternate mode the SNK Football Championship, which is the game's namesake, an elimination tournament in which the player can select any one opponent from any region to play. The last region played is the deciding match. Good player performance opens up a match again a hidden boss team called the SNK Superstars, which features characters from SNK's fighting games as players.

Teams now have a charge bar (similar to the one in fighting games), which is charged depending on how long the player keeps the ball under their team's control.When the bar is fully charged and flashing, if a player is near the goal, they can take a shot that is virtually unblockable, depending on the opposing team. Teams are "ranked" from 1 to 80, mirroring their real-life counterparts.

The Ultimate 11 was one of the few Neo-Geo games to feature a corporate sponsor: Akai.
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