Claim: The 1994 Copa CONMEBOL was the third edition of CONMEBOL's annual club tournament and São Paulo defeated Peñarol in the finals.
Evidence: The 1994 Copa CONMEBOL was the third edition of CONMEBOL's annual club tournament. São Paulo defeated Peñarol in the finals. 
Brazil São Paulo (1st title) Uruguay Peñarol The 1994 Copa CONMEBOL was the third edition of CONMEBOL's annual club tournament. 
São Paulo Brazil Uruguay Peñarol 6–4 The 1994 Copa CONMEBOL was the third edition of CONMEBOL's annual club tournament.