1998 Copa Mercosur

The Copa Mercosur 1998 was the 1st staging of the international club cup.

The competition started on 29 July 1998 and concluded on 29 December 1998 with Palmeiras beating Cruzeiro in the final.

Details

 * The 20 teams were divided into 5 groups of 4 teams. Each team plays the other teams in the group twice. The top team from each group qualified for the quarter-finals along with the best 3 runners up.
 * From the quarter-finals to the final, two legs were played in each round. In the result of a draw, the match was decided by a penalty shoot out.

Second leg
Palmeiras won 4–2 on aggregate.

Cruzeiro won 4–1 on aggregate.

Olimpia won 6–4 on aggregate.

''1–1 on aggregate. San Lorenzo won 2–0 on penalties.''

Second leg
''Match abandoned after 69 minutes due to crowd trouble. Result allowed to stand. Palmeiras won 3–0 on aggregate.''

Cruzeiro won 2–1 on aggregate.