[3] As champions, Defensa y Justicia earned the right to play against the winners of the 2020 Copa Libertadores in the 2021 Recopa Sudamericana.

Independiente del Valle were the defending champions, but did not play this edition as they qualified for the 2020 Copa Libertadores group stage as Copa Sudamericana champions and later advanced to the knockout stage.

[19][20] On 17 April 2020, CONMEBOL announced that the tournament would be suspended indefinitely due to the COVID-19 pandemic, and no date had been set for its resumption.

[6][22] The draw for the first stage was held on 17 December 2019, 20:30 PYST (UTC−3), at the CONMEBOL Convention Centre in Luque, Paraguay.

If still tied, extra time was not played, and a penalty shoot-out was used to determine the winner (Regulations Article 2.4.2).

If still tied, extra time was not played, and a penalty shoot-out was used to determine the winner (Regulations Article 2.4.2).