Walter Osvaldo Perazzo Otero (born August 2, 1962) is a Colombian-born Argentine football manager, currently in charge of Temperley, and former centre forward.

Perazzo was born in Bogotá, Colombia while his father Alberto was a football player for local club Independiente Santa Fe.

He started his career in 1979 in San Lorenzo, where he debuted in Primera División on November 18, with only 17 years old, after replacing Miguel Gette.

[3] One year later, he emigrated to Colombia to play for Independiente Santa Fe At the end of 1983, Perazzo returned to San Lorenzo where he reached its peak, scoring 77 goals in 240 matches that helped him become an idol for its supporters.

[2] Perazzo played two seasons (1988–90) for Boca Juniors but the great expectations were not fulfilled,[2] scoring 12 goals in 56 matches.