The 1998 Copa CONMEBOL was the seventh edition of CONMEBOL's annual club tournament. Teams that failed to qualify for the Copa Libertadores played in this tournament. Sixteen teams from the ten South American football confederations qualified for this tournament. Santos defeated Rosario Central in the finals.

1998 Copa CONMEBOL
Tournament details
Teams16 (from 10 confederations)
Final positions
ChampionsBrazil Santos (1st title)
Runners-upArgentina Rosario Central
Tournament statistics
Matches played26
Top scorer(s)Uruguay Carlos María Morales
Brazil Viola
(4 goals each)
1997
1999

Qualified teams

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Qualified teams
  Santos   Deportivo Chacao   Rosario Central   Jorge Wilstermann
  Atlético Mineiro   Sampaio Corrêa   Gimnasia y Esgrima   América (RN)
  Audax Italiano   Once Caldas   Deportes Quindío   LDU Quito
  Melgar   Cerro Corá   Huracán Buceo   River Plate

Bracket

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First round Quarterfinals Semifinals Finals
                
  Santos 2 1 3 (3)
  Once Caldas 1 2 3 (2)
  Santos 2 3 5
  LDU Quito 2 0 2
  Melgar 1 1 2
  LDU Quito 3 3 6
  Santos 0 5 5
  Sampaio Corrêa 0 1 1
  Sampaio Corrêa 0 3 3
  América (RN) 0 1 1
  Sampaio Corrêa 1 1 2
  Deportes Quindío 0 0 0
  Deportes Quindío 2 2 4
  Deportivo Chacao 2 1 3
  Santos 1 0 1
  Rosario Central 0 0 0
  Audax Italiano 0 1 1
  Rosario Central 2 0 2
  Rosario Central 3 2 5
  Huracán Buceo 2 0 2
  Huracán Buceo 0 4 4
  River Plate 0 1 1
  Rosario Central 1 1 2
  Atlético Mineiro 1 0 1
  Cerro Corá 2 0 2 (2)
  Atlético Mineiro 2 0 2 (4)
  Atlético Mineiro 3 0 3
  Jorge Wilstermann 1 1 2
  Jorge Wilstermann 0 1 1 (4)
  Gimnasia y Esgrima 0 1 1 (2)

First round

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Team 1 Agg.Tooltip Aggregate score Team 2 1st leg 2nd leg
Santos   3–3 (3–2 p)   Once Caldas 2–1 1–2
LDU Quito   6–2   Melgar 3–1 3–1
Sampaio Corrêa   2–0   América (RN) 0–0 3–1
Deportes Quindío   4–3   Deportivo Chacao 2–2 2–1
Audax Italiano   1–2   Rosario Central 0–2 1–0
Huracán Buceo   4–1   River Plate 0–0 4–1
Cerro Corá   2–2 (2–4 p)   Atlético Mineiro 2–2 0–0
Jorge Wilstermann   1–1 (4–2 p)   Gimnasia y Esgrima 0–0 1–1

Quarterfinals

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Team 1 Agg.Tooltip Aggregate score Team 2 1st leg 2nd leg
Santos   5–2   LDU Quito 2–2 3–0
Deportes Quindío   0–2   Sampaio Corrêa 0–1 0–1
Rosario Central   5–2   Huracán Buceo 3–2 2–0
Atlético Mineiro   4–1   Jorge Wilstermann 3–1 1–0

Semifinals

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Team 1 Agg.Tooltip Aggregate score Team 2 1st leg 2nd leg
Santos   5–1   Sampaio Corrêa 0–0 5–1
Rosario Central   2–1   Atlético Mineiro 1–1 1–0

Finals

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Team 1 Agg.Tooltip Aggregate score Team 2 1st leg 2nd leg
Santos   1–0   Rosario Central 1–0 0–0
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