Two-time winners Peñarol were appearing in their third consecutive final, whereas Santos were seeking to win the competition for the first time.

A playoff was contested in order to break the tie; the match ended in a draw and Peñarol went through due to their better total goal difference.

Santos breezed past the first round winning three of their matches and drawing once, while scoring an astonishing twenty goals and conceding six.

The team contained incredible figures such as the fabulous Coutinho, the legendary Pelé and the great Pepe, among others.

Unlike the previous two editions however, should the two teams be tied on points after the second leg a playoff was at a neutral venue would become the next tie-breaker.