Initially, Bolivia was designated as host of the tournament at the CONMEBOL Council meeting held on 14 August 2018 in Luque, Paraguay.

[4][5][6] However, due to the 2019 Bolivian protests, on 8 November 2019 CONMEBOL moved the tournament to Asunción, Paraguay.

[8][9][10] The draw of the tournament was held on 22 October 2019, 19:00 BOT (UTC−4), in Santa Cruz de la Sierra, Bolivia.

[12] The draw was led by Hugo Figueredo, competition director of CONMEBOL, who had the collaboration of Colombian coach Francisco Maturana and Juan Manuel Peña, former member of the Bolivia national football team.

[13] As a result of the change of host, the matches of Paraguay will be played on the last turn of each matchday of group B.