1939 South American Championship
| Tournament details | |
|---|---|
| Host country |
 Peru
|
| Dates | January 15 – February 12 |
| Teams | 5 (from 1 confederation) |
| Venue(s) | 1 (in 1 host city) |
| Final positions | |
| Champions |
 Peru (1st title)
|
| Runners-up |  Uruguay |
| Third place |  Paraguay |
| Fourth place |  Chile |
| Tournament statistics | |
| Matches played | 10 |
| Goals scored | 47 (4.7 per match) |
| Top scorer(s) |
Teodoro Fernández (7 goals) |
| Best player |
Teodoro Fernández
|
The fifteenth edition of the South American Championship was held in Lima, Peru from January 15 to February 12.
The participating countries were Chile, Ecuador, Paraguay, Peru, and Uruguay. Although CONMEBOL member since 1927, this tournament was the first time the Ecuadorian side participated. Colombia –member since 1936– withdrew again from the tournament, as well as Argentina, Bolivia and Brazil. Peru won for the first time.
Each team played against each of the other teams. Two (2) points were awarded for a win, one (1) point for a draw and zero (0) points for a defeat.
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