In December 1958, the group Stævnet proposed a cup competition for club teams from the Nordic countries at a Scandinavian football conference in Copenhagen, which was decided and 16 teams were invited.

[1] The teams responding to the invitation were IFK Norrköping, Djurgården, IFK Göteborg, GAIS, Malmö FF, Hälsingborg, Örgryte and AIK from Sweden, Viking FK, Skeid, and Fredrikstad from Norway, and Vejle, KB, AB, Frem, and Skovshoved from Denmark, while the Finnish teams only wanted to join as a combination team, which initially was rejected.

[2] Initially the final was scheduled to be played in autumn 1960, but the participating team had problems finding match days and the semi-finals were rescheduled to spring 1961.

[3] On 31 July 1962, the first edition of the cup ended with a final on Stockholm Olympic Stadium between Djurgården of Stockholm and the Helsinki-Alliance, which the Helsinki team won with 1–0 on a penalty in first half, and won the trophy donated by Scandinavian Airlines.

Originally, the matches were supposed to be played before 15 November 1959.