Fluminense qualified after finishing 14th in the 2008 Campeonato Brasileiro Série A. LDU Quito qualified after finishing second in the First Stage of the 2009 Campeonato Ecuatoriano de Fútbol Serie A. Fluminense's First Stage was bitter cross-town rival Flamengo.

In the second leg, held at Estadio Santa Laura in Santiago, Fred scored the lone goal of the match to give Fluminense passage to the Semifinals.

The first leg was held at Estadio General Pablo Rojas, nicknamed La Olla, in Asunción, and ended in a 1–0 for Fluminense.

In the second leg at Maracanã, Fluminense trailed for most of the game thanks to a Cerro Porteño goal by Luis Cáceres.

However, Gum and Alan each scored a goal for Fluminense in stoppage time of the second half to give Flu the win and passage to the finals.

The second leg, held back in Asunción at the Estadio Defensores del Chaco, ended in a 1–1 tie.

A hat-trick by Claudio Bieler and a goal by Édison Méndez gave LDU Quito a 4–0 win and a significant advantage in the next leg.

Initially trailing 1–0, goals by Enrique Vera and Carlos Espínola gave LDU Quito passage to the Semifinals.

The goals were provided by Claudio Bieler (hat-trick), Carlos Espínola, Miller Bolaños, Édison Méndez, and Ulises de la Cruz.

Ulises de la Cruz capped off the scoring with another long-range shot from outside the box in the 87th minute.

When LDU Quito player Ulises de la Cruz was given a red card in the 18th minute, Fluminense increased the pressure on the Ecuadorians.

LDU Quito defender Jairo Campos was shown his second yellow card 82nd minute and was ejected.

Fluminense never got the goal, and LDU Quito were crowned Copa Sudamericana champions for the first time.

Man of the Match: Claudio Bieler (LDU Quito) Assistant referees: Emigdio Ruiz Roa Nicolás Yegrós Fourth official: Antonio Arias