| Tournament details | |
|---|---|
| Dates | February 5 – October 19 |
| Teams | 21 (from 10 associations) |
| Final positions | |
| Champions |  Independiente (5th title) |
| Runners-up |  São Paulo |
| Tournament statistics | |
| Matches played | 76 |
| Goals scored | 180 (2.37 per match) |
The Copa Libertadores 1974 was the 15th edition of the Copa Libertadores, CONMEBOL's annual international club tournament. Independiente won the competition.
The champions and runners-up of each football association were drawn into the same group along with another football association's participating teams. Three clubs from Argentina competed as Independiente was champion of the 1973 Copa Libertadores. They entered the tournament in the Semifinals.
| Group 1 | Group 2 | Group 3 | Group 4 | Group 5 |
|---|---|---|---|---|
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation | HUR | ROS |  UNI | COL | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Huracán | 6 | 5 | 0 | 1 | 13 | 4 | +9 | 10 | Qualified to the Semifinals | — | 1–0 | 5–1 | 2–0 | |
| 2 | Rosario Central | 6 | 5 | 0 | 1 | 11 | 2 | +9 | 10 | 1–0 | — | 4–0 | 2–0 | ||
| 3 | Unión Española | 6 | 2 | 0 | 4 | 6 | 14 | −8 | 4 | 1–3 | 0–1 | — | 2–1 | ||
| 4 | Colo-Colo | 6 | 0 | 0 | 6 | 3 | 13 | −10 | 0 | 1–2 | 1–3 | 0–2 | — |
| Team 1 | Score | Team 2 |
|---|---|---|
| Huracán | 4–0 | Rosario Central |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation | SAO | PAL |  MUN | WIL | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | São Paulo | 6 | 2 | 0 | 4 | 4 | 13 | −9 | 4 | Qualified to the Semifinals | — | 2–0 | 3–3 | 5–0 | |
| 2 | Palmeiras | 6 | 1 | 2 | 3 | 9 | 11 | −2 | 4 | 1–2 | — | 3–0 | 2–0 | ||
| 3 | Deportivo Municipal | 6 | 4 | 2 | 0 | 14 | 5 | +9 | 10 | 1–1 | 0–1 | — | 5–2 | ||
| 4 | Jorge Wilstermann | 6 | 3 | 0 | 3 | 7 | 5 | +2 | 6 | 0–1 | 1–0 | 1–0 | — |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |  MIL | NAC |  POR | VAL | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Millonarios | 6 | 4 | 1 | 1 | 10 | 6 | +4 | 9 | Qualified to the Semifinals | — | 2–1 | 2–1 | 2–1 | |
| 2 | Atlético Nacional | 6 | 3 | 1 | 2 | 8 | 7 | +1 | 7 | 0–3 | — | 3–0 | 2–1 | ||
| 3 | Portuguesa | 6 | 2 | 2 | 2 | 4 | 5 | −1 | 6 | 2–0 | 0–0 | — | 0–0 | ||
| 4 | Valencia | 6 | 0 | 2 | 4 | 4 | 8 | −4 | 2 | 1–1 | 1–2 | 0–1 | — |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |  DEF |  NAC | CAT | SCR | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Defensor Lima | 6 | 4 | 1 | 1 | 7 | 2 | +5 | 9 | Qualified to the Semifinals | — | 2–1 | 1–0 | 2–0 | |
| 2 | El Nacional | 6 | 3 | 2 | 1 | 9 | 3 | +6 | 8 | 0–0 | — | 2–0 | 3–0 | ||
| 3 | Universidad Católica | 6 | 1 | 2 | 3 | 2 | 5 | −3 | 4 | 1–0 | 0–0 | — | 0–0 | ||
| 4 | Sporting Cristal | 6 | 1 | 1 | 4 | 3 | 11 | −8 | 3 | 0–2 | 1–3 | 2–1 | — |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |  PEÑ |  CER | OLI | NAC | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Peñarol | 6 | 3 | 2 | 1 | 5 | 3 | +2 | 8 | Qualified to the Semifinals | — | 1–0 | 0–0 | 0–2 | |
| 2 | Cerro Porteño | 6 | 2 | 3 | 1 | 7 | 6 | +1 | 7 | 1–1 | — | 1–0 | 2–2 | ||
| 3 | Olimpia | 6 | 1 | 3 | 2 | 4 | 5 | −1 | 5 | 0–2 | 1–1 | — | 2–0 | ||
| 4 | Nacional | 6 | 1 | 2 | 3 | 6 | 8 | −2 | 4 | 0–1 | 1–2 | 1–1 | — |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation | IND | PEÑ | HUR | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Independiente | 4 | 2 | 2 | 0 | 8 | 4 | +4 | 6 | Qualified to the Final | — | 1–1 | 3–0 | |
| 2 | Peñarol | 4 | 1 | 2 | 1 | 7 | 5 | +2 | 4 | 2–3 | — | 1–1 | ||
| 3 | Huracán | 4 | 0 | 2 | 2 | 2 | 8 | −6 | 2 | 1–1 | 0–3 | — |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation | SAO | MIL | DEF | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | São Paulo | 4 | 3 | 1 | 0 | 9 | 0 | +9 | 7 | Qualified to the Final | — | 4–0 | 4–0 | |
| 2 | Millonarios | 4 | 2 | 1 | 1 | 5 | 5 | 0 | 5 | 0–0 | — | 1–0 | ||
| 3 | Defensor Lima | 4 | 0 | 0 | 4 | 1 | 10 | −9 | 0 | 0–1 | 1–4 | — |
São Paulo  | 2–1 |  Independiente |
|---|---|---|
| Rocha 48' Mirandinha 50' | Saggioratto 28' |
| Independiente | 2–0 | São Paulo |
|---|---|---|
| Bochini 34' Balbuena 48' |
Replay match at Estadio Nacional in Santiago, Chile.
| Independiente | 1–0 | São Paulo |
|---|---|---|
| Pavoni 37' |
| Copa Libertadores 1974 Winner |
|---|
 Independiente Fifth Title |
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