2023 Copa Libertadores final stages

The 2023 Copa Libertadores final stages were played from 1 August to 4 November 2023. A total of 16 teams competed in the final stages to decide the champions of the 2023 Copa Libertadores, with the final played in Rio de Janeiro, Brazil at Maracanã Stadium.

Qualified teams
The winners and runners-up of each of the eight groups in the group stage advanced to the round of 16. 

Seeding
 Starting from the round of 16, the teams are seeded according to their results in the group stage, with the group winners (Pot 1) seeded 1–8, and the group runners-up (Pot 2) seeded 9–16.



Format
 Starting from the round of 16, the teams play a single-elimination tournament with the following rules:
 * In the round of 16, quarter-finals and semi-finals, each tie is played on a home-and-away two-legged basis, with the higher-seeded team hosting the second leg (Regulations Article 2.2.3.2). If tied on aggregate, away goals will not be used, extra time will not be played, and a penalty shoot-out will be used to determine the winners (Regulations Article 2.4.3).
 * The final is played as a single match at a venue pre-selected by CONMEBOL, with the higher-seeded team designated as the "home" team for administrative purposes (Regulations Article 2.2.3.5). If tied after regulation, 30 minutes of extra time will be played. If still tied after extra time, a penalty shoot-out will be used to determine the winners (Regulations Article 2.4.4).

Draw
 The draw for the round of 16 was held on 5 July 2023, 12:00 PYT (UTC−4) at the CONMEBOL Convention Center in Luque, Paraguay. For the round of 16, the 16 teams were drawn into eight ties (A–H) between a group winner (Pot 1) and a group runner-up (Pot 2), with the group winners hosting the second leg. Teams from the same association or the same group could be drawn into the same tie (Regulations Article 2.2.3.2). 

Bracket
The bracket starting from the round of 16 is determined as follows:

 The bracket was decided based on the round of 16 draw, which was held on 5 July 2023.



Summary
The first legs were played on 1–3 August, and the second legs were played on 8–10 August 2023. 


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Matches
Racing won 5–4 on aggregate and advanced to the quarter-finals (Match S1).

Tied 3–3 on aggregate, Bolívar won on penalties and advanced to the quarter-finals (Match S2).

Olimpia won 3–2 on aggregate and advanced to the quarter-finals (Match S3).

Palmeiras won 1–0 on aggregate and advanced to the quarter-finals (Match S4).

Deportivo Pereira won 2–1 on aggregate and advanced to the quarter-finals (Match S4).

Fluminense won 3–1 on aggregate and advanced to the quarter-finals (Match S3).

Tied 3–3 on aggregate, Internacional won on penalties and advanced to the quarter-finals (Match S2).

Tied 2–2 on aggregate, Boca Juniors won on penalties and advanced to the quarter-finals (Match S1).

Summary
The first legs were played on 22–24 August, and the second legs were played on 29–31 August 2023. 


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Matches
Tied 0–0 on aggregate, Boca Juniors won on penalties and advanced to the semi-finals (Match F1).

Internacional won 3–0 on aggregate and advanced to the semi-finals (Match F2).

Fluminense won 5–1 on aggregate and advanced to the semi-finals (Match F2).

Palmeiras won 4–0 on aggregate and advanced to the semi-finals (Match F1).

Summary
The first legs were played on 27 and 28 September, and the second legs were played on 4 and 5 October 2023. 


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Matches
Tied 1–1 on aggregate, Boca Juniors won on penalties and advanced to the final.

Fluminense won 4–3 on aggregate and advanced to the final.

Final
The final was played on 4 November 2023 at Maracanã Stadium in Rio de Janeiro.  <section end=Final />