The 1941 season included eight clubs and was played in 2 legs. However, by the twelfth round, the tournament was suspended due to participation of the national team in the South American Championship. Once the season resumed, Universitario de Deportes reached the title after winning their last two games against Atlético Chalaco and Alianza Lima, 1–0 and 3–1 respectively. Back-to-back titles in 1945 and 1946, led to the club's first "bicampeonato" thanks to the offensive trio formed by Víctor Espinoza, Teodoro Fernández and his brother Eduardo Fernández; the three players accounted for 41 goals. The following season, in its worst performance in the amateur era, finished in a mediocre eighth place with Sporting Tabaco and only staved off relegation because both teams refused to play a play-off match to determine the relegated team. Hence, the organizing association of the time decided to suspend relegation for the season. In 1949, the club celebrated its twenty-fifth anniversary by winning the championship after winning its last match against Atlético Chalaco 4–3.