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{{Main|History of the Copa Libertadores}}
{{See also|List of Copa Libertadores finals|South American Championship of Champions}}
The clashes for the [[Copa Aldao]] between the champions of Argentina and Uruguay kindled the idea of continental competition in the 1930s.<ref name="Inicio" /> In 1948, the [[South American Championship of Champions]] ({{lang-es|link=no|Campeonato Sudamericano de Campeones}}), the most direct precursor to the Copa Libertadores, was played and organized by the Chilean club [[Colo-Colo]] after years of planning and organization.<ref name="Inicio" /> Held in [[Santiago]], it brought together the champions of each nation's top national leagues.<ref name="Inicio" /> The tournament was won by [[CR Vasco da Gama|Vasco da Gama]] of [[Brazil]].<ref name="Inicio" /><ref>La Nación; Historia del Fútbol Chileno, 1985</ref><ref>{{cite web |first=Esteban |last=Bekerman |year=2008 |url=http://www.perfil.com/contenidos/2008/03/13/noticia_0054.html |title=Hace 60 años, River perdía la gran chance de ser el primer club campeón de América |trans-title=60 years ago, River lost the chance to be the first club champion of America |editor=Perfil.com |accessdate=May 10, 2008 |language=es |archive-url=https://web.archive.org/web/20130521034425/http://www.perfil.com/contenidos/2008/03/13/noticia_0054.html |archive-date=May 21, 2013 |url-status=dead }}</ref> The 1948 South American tournament impulsed, in continent-wide reach, the "champions cup" model, resulting in the creation of the [[European Cup]] in 1955, as confirmed by Jacques Ferran (one of the "founding fathers" of the [[European Cup]]), in a 2015 interview
In 1958, the basis and format of the competition were created by [[C.A. Peñarol|Peñarol]]'s board leaders. On October 8th 1958, [[João Havelange]] announced, at a [[UEFA]] meeting he attended as an invitee, the creation of ''Copa de Campeones de America'' (American Champions Cup, renamed in 1965 as Copa Libertadores), as a South American equivalent of the [[European Cup]], so that the champion clubs of both continental confederations could decide "the best club team of the world" in the [[Intercontinental Cup (football)|Intercontinental Cup]].<ref>[http://hemeroteca.mundodeportivo.com/preview/1958/07/25/pagina-4/637161/pdf.html?search= Spanish newspaper ''El Mundo Deportivo'', 09/Oct/1958, pag. 04.]</ref><ref>{{cite web|url=http://hemeroteca.abc.es/nav/Navigate.exe/hemeroteca/madrid/abc/1958/10/09/058.html|title=ABC (Madrid) - 09/10/1958, p. 58 - ABC.es Hemeroteca|website=hemeroteca.abc.es}}</ref> On March 5, 1959, at the 24th South American Congress held in [[Buenos Aires]], the competition was ratified by the International Affairs Committee. In 1965, it was named in honor of the [[Libertadores|heroes of South American liberation]], such as [[Simón Bolívar]], [[José de San Martín]], [[Pedro I of Brazil|Pedro I]], [[Bernardo O'Higgins]], and [[José Gervasio Artigas]], among others.<ref name="Inicio">{{cite web |url=http://historiayfutbol.obolog.com/copa-libertadores-america-25746 |title=¿Qué es la Copa Libertadores de América? |trans-title=What is the Copa Libertadores de América? |publisher=Historia y Fútbol |date=September 2, 2007 |accessdate=May 18, 2010 |first=José |last=Carluccio |language=es }}</ref>
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