| Group 2 | 12/02/1994 | Vélez Sarsfield | - | Boca Juniors | 1:1 | ||||
| Group 2 | 08/03/1994 | Cruzeiro | - | Vélez Sarsfield | 1:1 | ||||
| Group 2 | 16/03/1994 | Vélez Sarsfield | - | Palmeiras | 1:0 | ||||
| Group 2 | 22/03/1994 | Boca Juniors | - | Vélez Sarsfield | 1:2 | ||||
| Group 2 | 30/03/1994 | Vélez Sarsfield | - | Cruzeiro | 2:0 | ||||
| Round of 16 | 20/04/1994 | Defensor Sporting | - | Vélez Sarsfield | 1:1 | ||||
| Round of 16 | 26/04/1994 | Vélez Sarsfield | - | Defensor Sporting | 4:2 pso | ||||
| Quarter-finals | 26/07/1994 | Minervén FC | - | Vélez Sarsfield | 0:0 | ||||
| Quarter-finals | 02/08/1994 | Vélez Sarsfield | - | Minervén FC | 2:0 | ||||
| Semi-finals | 09/08/1994 | Atlético Junior | - | Vélez Sarsfield | 2:1 | ||||
| Semi-finals | 16/08/1994 | Vélez Sarsfield | - | Atlético Junior | 5:4 pso |  |
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| Final | 23/08/1994 | Vélez Sarsfield | - | São Paulo FC | 1:0 | ||||
| Final | 30/08/1994 | São Paulo FC | - | Vélez Sarsfield | 3:5 pso |
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