São Paulo

Brazil

Founded 1930·Champions (3 times) — most recently 2005

São Paulo, managed by Telê Santana, won back-to-back titles in 1992 (on penalties against Newell's Old Boys) and 1993 (5-3 on aggregate against Chile's Universidad Católica, including a record 5-0 at the Morumbi — the biggest ever Libertadores final win). A third title followed in 2005, a 5-1 aggregate rout of Atlético Paranaense in the first-ever all-Brazilian final. Founded in 1930, they did not qualify for the 2026 edition.