In August 2018, CONMEBOL announced the return of the South American Pre-Olympic Tournament in 2020 with Colombia as the host country, after a 16-year absence.

[2] The top two teams qualified for the 2020 Summer Olympics men's football tournament in Japan as the CONMEBOL representatives.

Download coordinates as: Colombia was announced as host of the tournament at the CONMEBOL Council meeting held on 14 August 2018 in Luque, Paraguay.

The draw of the tournament was held on 5 November 2019, 19:00 COT (UTC−5), at the Auditorium of the Colombian Football Federation in Bogotá, Colombia.

[10][11] Referees Guillermo Guerrero from Ecuador and Alexis Herrera from Venezuela as well as the assistant referee Byron Romero from Ecuador, who were not included in the initial list of officials, were summoned to officiate in the two matches of the final stage's last matchday.