It was contested by the domestic league champions the Southwest European nations of France, Italy, Portugal, and Spain.

The final, which was held on the same day, saw Real Madrid CF claim its second Latin Cup title in a 1–0 victory.

The Latin Cup was an international club tournament which was contested by the domestic league champions of France, Italy, Portugal, and Spain.

[1] The following league champions qualified for the 1957 Latin Cup: The host of the tournament was Spain and all matches were played at the Santiago Bernabéu Stadium in Madrid.

[4][5] The match refereed by Marcel Lequesne of the French Football Federation and resulted in a 5–1 victory for Real Madrid.

[2] During the final, Spanish forward Alfredo Di Stéfano scored the match's lone goal at the 50th minute for Real Madrid in a 1–0 victory.

As happened in 1954, the 1958 edition of the tournament was canceled due to the conflicting schedule of the 1958 FIFA World Cup.