On 12 December 1993, São Paulo won their second consecutive Intercontinental Cup, beating European Cup runners-up AC Milan at the National Stadium in Tokyo.
First contested in 1960, the Intercontinental Cup generally pitched the reigning Copa Liberatadores champion against the current European Cup holder. But Marseille, who had won the 1993 European Cup, were banned from international competition for a bribery scandal, so runner-up AC Milan took their place.
São Paulo, who had won the previous Cup over Barcelona, took the lead with a 19th-minute goal from striker Palhinha, who had been the Capeonato Paulista's top scorer the previous season. Milan equalized after the break with a 48th-minute goal from forward Daniele Massaro, but the Brazilian side quickly regained the lead 11 minutes later with a goal from midfielder Toninho Cerezo.
Milan striker Jean-Pierre Papin scored a late equalizer in the 81st minute, but as extra time loomed, São Paulo forward Müller scored the match winner with only 2 minutes remaining.
After the 2004 Final, the Intercontinental Cup was replaced with the Club World Cup, which São Paulo won in 2005 and Milan won in 2007.