 |
 |
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| H (Match allé) | São Paulo FC | - | Peñarol | 6:1 | ||
| R (match retour) | Peñarol | - | São Paulo FC | 3:0 | ||
| H (Match allé): 14.12.1994 | R (match retour): 21.12.1994 | vainqueur: São Paulo FC | ||||
|
|
|
| H (Match allé) | São Paulo FC | - | Peñarol | 6:1 | ||
| R (match retour) | Peñarol | - | São Paulo FC | 3:0 | ||
| H (Match allé): 14.12.1994 | R (match retour): 21.12.1994 | vainqueur: São Paulo FC | ||||
