The 57-year-old does not want to concede that his side have nothing to play for in the I-League after losing out in the title race, following Saturday's 2-2 draw with Dempo SC
The Red and Gold's next fixture in the Asian competition however is preceded by their last two I-League encounters wherein they can best finish as runners-up.
"Our focus is on the next game, which is an I-League game and it will an I-League game after that. So we still got everything that we have to play for and try to finish in the highest possible position we can," Morgan said after the 2-2 draw with Dempo SC.
"We've got two more league games left and we'll think of the AFC Cup after the I-League," he added.
With regards to the match, the Englishman stated that credit has to be given to their opponents as it cannot always be East Bengal's day.
"It's nothing to do with complacency," he pointed out. "You never give the other team any credit. You always think it's East Bengal. For 20 minutes in the second half, Dempo were better than us and in that they scored two goals. Maybe for an hour we better than Dempo, but we didn't score. So we didn't score.
"Towards the end, I thought once we got the equaliser, we were tremendous. We were focused to win the game, but it wasn't to be."
Morgan also admitted that it will be tough for East Bengal, who are on 44 points, to finish second in the league, as they face a stiff challenge from Pune FC (49).
"We'll end up where we deserve to end up - whether it's second, whether it's third, or whether it's fourth - it's irrelevant as we'll end up where we deserve to end up and the team who go the most points will win the championship.
"That's going to be difficult now. We (East Bengal) have got two games left and they (Pune FC) have got one game," he said.
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