As Copa Libertadores champion, Vélez played the 1994 Intercontinental Cup in Tokyo, Japan, facing Italian side AC Milan (winner of the 1993–94 UEFA Champions League). On 1 December 1994, Vélez defeated Milan 2–0, with goals from Roberto Trotta (from a penalty kick at the 5th minute of the second half), and Omar Asad (13th minute of the second half), successfully becoming club world champion for the first time in history. Moreover, Asad was selected as the game's best player, and was awarded an automobile from Toyota, the tournament's sponsor. The team was formed by the same players that had won the domestic title, with Roberto Pompei replacing Pico. Other players of the roster were Mariano Armentano, Patricio Camps, Carlos Campagnucci, Juan Carlos Docabo, Federico Domínguez, Esteban González, Sandro Guzmán, Claudio Husaín, Guillermo Morigi, Martín Posse, Ricardo Rentera, Flavio Zandoná and Marcelo Herrera.