31 August 1994 - Vélez Topples The Brazilian Giant

On 31 August 1994, Vélez Sársfield won the Copa Libertadores, defeating two-time defending champions São Paulo in a penalty shootout. 

Embodying the joga bonita philosophy of their manager, Tele Santana, São Paulo were in the midst of a tremendous five-year run of success that included one league title (1991), two Campeonato Paulistas (1991, 1992), two Intercontinental Cups (1992, 1993), as well as the 1992 and 1993 Copa Libertadores. They were heavily favored over Vélez Sársfield, who by that point had won a handful of amateur trophies and two league titles (1968, 1993). 

But it was Vélez who took the advantage in the Copa final, winning the first leg 1-0. In the second leg, played on 31 August in São Paulo, the hosts evened the aggregate score with a 33rd minute penalty from striker Luís Antônio Corréa da Costa, better known by his nickname, Müller. 

Still level at the end of regulation, the match went to a penalty shootout. After Vélez defender Roberto Trotta scored with the first kick, keeper José Luis Chilavert guessed correctly, diving to his left to parry the attempt from Sao Paulo's Palhinha. Immediately afterward, Chilavert stepped up to the spot and converted his own attempt as Vélez claimed the trophy by a 3-5 margin in the shootout. 

12 December 1993 - Milan Gets Stuck In Second

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.

31 August 1994 - Vélez Topples The Brazilian Giant

On 31 August 1994, Vélez Sársfield won the Copa Libertadores, defeating two-time defending champions São Paulo in a penalty shootout.

Embodying the joga bonita philosophy of their manager, Tele Santana, São Paulo were in the midst of a tremendous five-year run of success that included one league title (1991), two Campeonato Paulistas (1991, 1992), two Intercontinental Cups (1992, 1993), as well as the 1992 and 1993 Copa Libertadores. They were heavily favored over Vélez Sársfield, who by that point had won a handful of amateur trophies and two league titles (1968, 1993).

But it was Vélez who took the advantage in the Copa final, winning the first leg 1-0. In the second leg, played on 31 August in São Paulo, the hosts evened the aggregate score with a 33rd minute penalty from striker Luís Antônio Corréa da Costa, better known by his nickname, Müller.

Still level at the end of regulation, the match went to a penalty shootout. After Vélez defender Roberto Trotta scored with the first kick, keeper José Luis Chilavert guessed correctly, diving to his left to parry the attempt from Sao Paulo's Palhinha. Immediately afterward, Chilavert stepped up to the spot and converted his own attempt as Vélez claimed the trophy by a 3-5 margin in the shootout.

12 December 1993 - Milan Gets Stuck In Second

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.