< Copa Libertadores 1961 >

 
Qualifying Play-off
Santa Fé Barcelona Guayaquil 3-0 2-2
 
Quarter Final
Colo Colo Olimpia 2-5 2-1
Peñarol Universitario Lima 5-0 0-2
Jorge Wilstermann Santa Fé 3-2 0-1
Independiente Palmeiras 0-2 0-1
Semi-Final
Peñarol Olimpia 3-1 2-1
Santa Fé Palmeiras 2-2 1-4
 
Final
Peñarol Palmeiras 1-0 1-1