South American Championship 1927
| Tournament details | |
|---|---|
| Host country | Peru |
| Dates | October 30 – November 27 |
| Teams | 4 (from 1 confederation) |
| Venue(s) | 1 (in 1 host city) |
| Final positions | |
| Champions |
 Argentina (3rd title)
|
| Runners-up |  Uruguay |
| Third place |  Peru |
| Fourth place |  Bolivia |
| Tournament statistics | |
| Matches played | 6 |
| Goals scored | 37 (6.17 per match) |
| Top scorer(s) |
Alfredo Carricaberry Roberto Figueroa Segundo Luna Pedro Petrone Héctor Scarone (3 goals each) |
The eleventh edition of the South American Championship was held in Lima, Peru from October 30 to November 27, 1927. The participating countries were Argentina, Bolivia, Peru, and Uruguay. Brazil, Chile and Paraguay withdrew from the tournament. This was the first South American Championship in which Peru participated. The tournament was also used as a qualifier for the 1928 Summer Olympics and both Argentina and Uruguay were subsequently invited to enter that competition.
Each team played a single match 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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