The 1960 Intercontinental Cup was the inaugural edition of the matchup between the reigning European football champion and the reigning South American football champion. The idea was born of discussions between Pierre Delauney, UEFA secretary and José Ramón de Freitas, CONMEBOL secretary.
The two-legged tie was contested between Spanish club Real Madrid (1959–60 European Cup winner) and Uruguayan club Peñarol (1960 Copa Libertadores winner). The first match-up ended with Los Merengues holding Peñarol to a 0–0 draw at Montevideo's Estadio Centenario, and then soundly winning 5–1 in the return leg at Madrid's Santiago Bernabéu thanks to the marvelous performances of Alfredo Di Stéfano and Ferenc Puskás.
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